Bharat Electronics secures Rs 2,323 crore orders from MDL and GRSE
Navratna Defence Public Sector Undertaking, Bharat Electronics Limited (BEL), has announced the receipt of prestigious orders worth ₹2,323 crore (excluding taxes) from two major Indian shipyards — Mazagon Dock Shipbuilders Limited (MDL), Mumbai, and Garden Reach Shipbuilders & Engineers (GRSE), Kolkata.
These orders are for the supply of base and depot spares for missile systems installed on Indian Naval ships. The spares will support the operational readiness and ensure uninterrupted functionality of mission-critical equipment onboard.
In teh excahgne filing, the company shared, 'Bharat Electronics Limited (BEL), has received orders from MDL, Mumbai and GRSE, Kolkata totally valued at Rs. 2,323 Crore (excluding taxes) for supply of base and depot spares for the missile systems on Indian Naval ships. The spares will ensure operational continuity of onboard mission critical equipment.'
In the meantime, yesterday, the company also bagged new orders worth ₹537 crore. The company announced the development on June 4. The contracts cover key defence and communication systems, including shipborne communication, jammers, software, simulators, spares, and test rigs. BEL stated these orders further strengthen its position in India's defence electronics sector.
BEL, a key player in India's defence electronics sector, continues to strengthen its role in supporting the Indian Navy's modernization and combat preparedness. The new contracts reinforce BEL's long-standing commitment to indigenization and self-reliance in defence manufacturing, aligning with the Government of India's 'Atmanirbhar Bharat' initiative.
Aman Shukla is a post-graduate in mass communication . A media enthusiast who has a strong hold on communication ,content writing and copy writing. Aman is currently working as journalist at BusinessUpturn.com
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