Bharat Electronics Limited (BEL), a Navratna Defence Public Sector Undertaking (PSU) under the Ministry of Defence, has reported a record turnover of Rs. 23,000 Crores for the financial year 2024-25. This marks a significant 16% growth from the previous year's turnover of Rs. 19,820 Crores.
Impressive Growth in Exports
Alongside its robust domestic performance, BEL also reported a remarkable increase in export sales. The company achieved an export turnover of USD 106 Million in FY 2024-25, reflecting a 14% growth from the previous year's USD 92.98 Million.
Major Orders Secured
During the fiscal year, BEL secured new orders worth Rs. 18,715 Crores. Some of the key projects include:
- BMP II Upgrade
- Ashwini Radar
- Software Defined Radios
- Data Links
- Multi-Function Radars
- EON 51
- Seekers
- Anti-Drone Systems
- Airport Surveillance Radar
- Sonar Upgradation
- Radar Upgradation
- Flycatcher Spares
- Spares and Services for various systems
These projects underscore BEL’s critical role in strengthening India’s defense capabilities while also expanding its footprint in the non-defense sector.
Strong Order Book Position
As of April 1, 2025, BEL's total order book stands at Rs. 71,650 Crores, which includes an export order book of USD 359 Million. This strong pipeline of orders ensures continued growth and expansion for the company in the coming years.
Strategic Vision for the Future
Shri Manoj Jain, Chairman & Managing Director of BEL, emphasized the company’s focus on self-reliance, modernization, and expansion. “BEL strives to attain self-reliance through enhanced indigenization efforts, expansion, and modernization, along with outsourcing to Indian industries, including MSMEs and start-ups. We are also focusing on maximizing our global outreach and strengthening our footprint in international markets. These strategies will enable BEL to maintain its leadership position in the strategic electronics sector.”
BEL’s consistent growth in turnover, expanding export business, and strong order book demonstrate its commitment to innovation and self-reliance in defense electronics. With a clear strategic vision and a robust portfolio of projects, the company is poised to continue its impressive trajectory in both domestic and international markets.
Disclaimer:
The information provided in this article is based on the official press release issued by Bharat Electronics Limited (BEL) and is intended for informational purposes only. While every effort has been made to ensure accuracy, readers are advised to verify details independently before making any financial or investment decisions. The author and publisher are not responsible for any errors, omissions, or losses arising from the use of this information.