India’s defence electronics manufacturer BEL achieves a record turnover of $2 billion
BEL’s Financial Results FY 2021-22: India’s state owned defence electronics manufacturer Bharat Electronics Limited (BEL) achieved a turnover of about Rs 15,000 crore ($1.98 billion), during the Financial Year 2021-22 that began in April last year and ended in March this year. “As per the provisional and unaudited results, this is an increase of 8.55% against the previous year’s turnover of Rs 13,818 crore, despite the challenges posed by the COVID-19 pandemic and global semiconductors shortage,“ said the company.