Navratna Defence PSU Bharat Electronics Ltd (BEL) has won the Karnataka State Export Excellence Award for the year 2016-17. The award was received by Mr Anil Pant, GM (International Marketing)/CO, and Mr H P Srinivas Rao, AGM (International Marketing)/CO, from Mr B S Yediyurappa, Hon’ble Chief Minister of Karnataka, at a ceremony held in Bengaluru on September 6, 2019.

BEL is laying enhanced thrust on Exports by expanding its geo-spatial reach and through partnerships. The Export order book of BEL was US $ 116.62 Million as on April 1, 2019.

On September 17, 2019, in the framework of the research and practice conference, devoted to the 100th anniversary of Mikhail Kalashnikov, JSC Rosoboronexport, part of the Rostec State Corporation, signed an agreement on cooperation and partnership with Non-profit Organization “M.T. Kalashnikov Union of Russian Gunmakers”. 

The much-celebrated $ 5.4 billion S-400 purchase deal could see setting up of production line of the missile system in India. The Russian media informed quoting Sergey Chemezov, CEO, Rostec, the Russian technology and defence conglomerate.

“Yes, we are discussing the localization [of S-400 production] with India as well,” he said to RBK broadcaster.