Bharat Elec­tron­ics fore­casts 12-15% an­nual growth

Vayu Aerospace and Defence - - Aviation & Defence Inindia -

Although Bharat Elec­tron­ics (BEL) re­ceived re­duced or­ders in 2017-18, still the state-owned PSU ex­pects large sales in the com­ing three years, which in­clude Akash sur­face-to-air mis­siles, EW Samyukta , Com­man­der Ther­mal Im­agers and quick re­ac­tion sur­face-to-air mis­siles (QR SAM). BEL is also ven­tur­ing into the man­u­fac­ture of am­mu­ni­tion, and set­ting up two fac­to­ries in Andhra Pradesh for the pur­pose. MV Gow­tama, Chair­man/MD ex­pects a 12-15% an­nual growth over the next three years.

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