Bharat Electronics Limited
Electronis
Key Highlights
Turnover: 13,828 Cr INR
Profit after Tax: 2,065 Cr INR
About Bharat Electronics Limited
BEL was established to meet the specialized electronic equipment requirements of the Indian Defence Services. While this continues to be its prime focus, the Company has a significant presence in the civilian market, too. BEL exports some of its products and services to a number of countries as well.
BEL has been laying great emphasis on Research and Development right from the early years. It has also been able to successfully partner as production agency with many DRDO labs. From a meagre turnover of Rs.2 lakhs in 1956-57, BEL has grown manifold to record a turnover of Rs.7,510 crores (provisional) in 2015-16.
BEL is not only a successful business story but also an organization which cares for people and society. Even before the term ‘Corporate Social Responsibility’ gained currency, BEL has undertaken innumerable CSR activities and continues to do them with a lot of passion and commitment. BEL has set up educational institutions, including a special school for the mentally challenged. It has also set up hospitals, fine arts clubs and sports facilities. These and other welfare initiatives ensure a good quality of life for employees and their dependents. Some of these facilities also serve the local community. BEL is currently concentrating on promoting education, sanitation, health care, rural development, employment and enhancing vocational skills, while ensuring environmental sustainability.
Objectives:
- To be a customer focussed company providing state-of-the-art products & solutions at competitive prices, meeting the demands of quality, delivery & service.
- To generate internal resources for profitable growth.
- To attain technological leadership in defence electronics through in-house R&D, partnership with defence/research laboratories & academic institutions.
- To give thrust to exports.
- To create a facilitating environment for people to realise their full potential through continuous learning & team work.
- To give value for money to customers & create wealth for shareholders.
- To constantly benchmark company's performance with best-in-class internationally.
- To raise marketing abilities to global standards.
- To strive for self-reliance through indigenisation
Mission
To be a customer focussed, globally competitive company in defence electronics and in other chosen areas of professional electronics, through quality, technology and innovation.
Vision
To be a world-class enterprise in professional electronics.
Culture and Values
- Putting customers first
- Working with transparency, honesty & integrity.
- Trusting & respecting individuals.
- Fostering teamwork.
- Striving to achieve high employee satisfaction.
- Encouraging flexibility and innovation.
- Endeavouring to fulfil social responsibilities.
- Proud of being a part of the organisation.