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BEL receives orders worth 4878 crores

December 15, 2023 Photo(s): By PIB
BEL receives orders worth 4878 Cr, including 4,522 cr from Indian Army for supply of Fuses for various calibres and additional orders worth 356 cr pertaining to other products.

Navratna Defence PSU Bharat Electronics Limited (BEL) has received an order of 4,522 crore from Indian Army for the supply of Fuses for various calibres. This contract has been signed on December 15, 2023, by Maj Gen Gurpreet Singh Choudhry, SM, VSM [JS (Army & TA)/DMA] & Bhanu Prakash Srivastava, CMD, BEL, in the presence of Vice Admiral Atul Anand, AVSM, VSM, Additional Secretary (DMA). Indigenisation of critical technologies was the key requirement of the tender.

This project will have the participation of Indian Electronics and associated Industries, including MSMEs which are sub-vendors of BEL. The equipment manufactured by BEL are part of the 'Atmanirbhar Bharat' programme.

The company has also received additional orders worth 356 crores since the last disclosure on 6th December 2023 and the said orders pertain to other products like EW (Electronic Warfare) Testers, Medical Systems (Exports), Consumables and Batteries for Electronic Voting Machines (EVMs), Night Vision Devices Spares and Services.

With the above, BEL has cumulatively received orders worth 2,3176 crores (excl. taxes) in the current financial year 2023-24.