Companies

BEL achieves turnover of ₹8,800 cr

Our Bureau Bengaluru | Updated on January 15, 2018 Published on April 03, 2017

Defence public sector undertaking BEL has posted 17 per cent higher turnover at ₹8,800 crore (provisional) for the financial year 2016-17 against a turnover of ₹7,522 crore last fiscal. BEL’s Chairman & Managing Director M V Gowtama said, “During the year (2016-17), the company’s main focus has been on indigenisation to achieve self-reliance, capacity building & expansion, and increased outsourcing to the SME sector.” “Also, the company has been able to maintain good order acquisition this year. These efforts will enable BEL to continue to have sustained growth, while addressing future opportunities in the defence business,” he added.

Published on April 03, 2017
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