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BEL registers 35% growth in 2nd Quarter

Navratna Defence PSU Bharat Electronics Limited (BEL) has during the second quarter of        FY 2018-19, achieved a robust growth in turnover and consequently recorded a healthy growth in profit as compared to the 1stquarter of current year and corresponding quarter of the previous year.

The company has achieved a turnover of Rs. 3282.40 crore, during the 2ndquarter of FY 2018-19, registering a growth of about 35 %, over the turnover of Rs. 2431.73 crore recorded in the corresponding period of the previous year.

HAL to Upgrade 17 Dorniers

The Defence Acquisition Council (DAC), chaired by Raksha Mantri Smt Nirmala Sitharaman here today and accorded approval for the Mid Life Upgrade of 17 Dornier Aircraft of Indian Coast Guard (ICG) at an approximate cost of Rs. 950 crore. The upgrades will be carried out by M/s Hindustan Aeronautics Limited (HAL), the aircraft manufacturer of India.