Day: January 13, 2023

Bengaluru, Navratna Defence PSU Bharat Electronics Ltd (BEL) has signed a MoU with IITM Pravartak Technologies Foundation for co-operation in the field of Distributed Acoustic Sensing. The MoU aims at leveraging the complementary strengths and capabilities of BEL and IITM to develop the technology of Distributed Acoustic Sensing. It will also enable BEL and IITM in addressing future business in perimeter security domain.

About IITM Pravartak Technologies Foundation

IITM Pravartak Technologies Foundation is a company Registered under Companies Act 2013. Pravartak is a Section 8 company created by Indian Institute of Technology Madras (IITM) with an aim to promote science, research and development. A Department of Science and Technology-sponsored hub, it will promote the science, research and development of Cyber Physical System.

About BEL

Bharat Electronics Ltd (BEL), a Navratna DPSU under the Ministry of Defence, Government of India, established in 1954 at Bengaluru, to meet the needs of the Indian defence services for electronics Equipment’s, Systems and Services. Over the years BEL has grown into a multi-product, multi-technology, multi-unit company engaged in the design, development, manufacturing, supply and support of wide range of defence electronics products, systems, strategic components, services and select non defence products, servicing the needs of customers in India and abroad.

BEL has a strong presence in Radar and Fire Control Systems, Weapon Systems, Communication, Network Centric Systems (C4I), Electronic Warfare Systems, Avionics, Anti-Submarine Warfare Systems & Sonars, Electro-Optics, Tank Electronics, Homeland Security, Gun Upgrades, Strategic Components etc. BEL has been continuously striving to expand its solutions for the Non-Defence domain like EVMs, Renewable energy, Energy storage products, Smart Cities, Jammers, Software, etc.

Further BEL has diversified into Arms & Ammunitions, Seekers & Missiles, Unmanned Systems, Network & Cyber security, Medical Electronics, Space Electronics, EV, Railway/Metro, Civil Aviations to meet the customer requirement and address the emerging opportunities.

Navratna Defence PSU Bharat Electronics Ltd (BEL) has signed an LAToT with the Research and Development Establishment (Engineers), Pune, a DRDO lab, for the manufacturing and integration of Unexploded Ordnance Handling Robot.

Remotely operated vehicle UXOR has been designed for handling and diffusing the unexploded ordnances (UXOs). It is capable of handling and diffusing unexploded air dropped bombs. UXOR can be utilised to remotely approach the UXO and defuse it. It is based on heavy duty-compact all terrain platform, equipped with Robotic Arm, Abrasive Water Jet Cutting Machine, etc. It can also be controlled remotely.

The MoU will also enable BEL to expand its product portfolio of Remotely Operated Vehicles and further enhance its expertise in the field of unexploded ordnance handling devices.

About R&DE (E), DRDO

R&DE (E), DRDO, is engaged in the indigenous development of various engineering systems for all the three wings of the Indian Defence Forces. R&DE (E) has developed and delivered combat engineering systems like military bridging, mine-warfare and allied systems, ground support systems and launchers for weapon programs and field defence and NBC collective-protection system. It is also working in the areas of robotics, composite products and micro-electro-mechanical systems.

About BEL

Bharat Electronics Ltd (BEL), a Navratna DPSU under the Ministry of Defence, Government of India, established in 1954 at Bengaluru, to meet the needs of the Indian defence services for electronics Equipment’s, Systems and Services. Over the years BEL has grown into a multi-product, multi-technology, multi-unit company engaged in the design, development, manufacturing, supply and support of wide range of defence electronics products, systems, strategic components, services and select non defence products, servicing the needs of customers in India and abroad.

BEL has a strong presence in Radar and Fire Control Systems, Weapon Systems, Communication, Network Centric Systems (C4I), Electronic Warfare Systems, Avionics, Anti-Submarine Warfare Systems & Sonars, Electro-Optics, Tank Electronics, Homeland Security, , Gun Upgrades, Strategic Components etc. BEL has been continuously striving to expand its solutions for the Non-Defence domain like EVMs, Renewable energy, Energy storage products, Smart Cities, Jammers, Software, etc.

Further BEL has diversified into Arms & Ammunitions, Seekers & Missiles, Unmanned Systems, Network & Cyber security, Medical Electronics, Space Electronics, EV, Railway/Metro, Civil Aviations to meet the customer requirement and address the emerging opportunities.

Bengaluru,  The Ministry of Micro, Small and Medium Enterprises (MSME) has acknowledged the efforts by BEL in implementation of the Public Procurement Policy of the Government on India. Navratna Defence PSU Bharat Electronics Limited (BEL) was conferred Certificate of Appreciation for the highest procurement amongst Navratna CPSEs from women entrepreneurs under MSME category during the finanacial year 2021- 22. The award also acknowledges the efforts taken by BEL towards the mandate of implementation of Public Procurement Policy of the Government of India.

The award was conferred on BEL during the CPSE Conclave on Public Procurement Policy organized by the Ministry of Micro, Small & Medium Enterprises, Government of India, on November 18, 2022, at Vigyan Bhawan, New Delhi. The CPSE Conclave was inaugurated by Mr Bhanu Pratap Singh Verma, Minister of State of MSME. The theme of the conclave was ‘Resilience to Resurgence.’

The award was received by Mr Manoj Yadav, Additional General Manager (Management Services), on behalf of BEL.

Photo Caption: Mr Manoj Yadav, Additional General Manager (Management Services), receiving the Certificate of Appreciation on behalf of BEL, at the CPSE Conclave on Public Procurement Policy.

Recognised as Role Model Organisation

BANGALORE, The Ghaziabad Unit of Navratna Defence PSU Bharat Electronics Ltd (BEL) has won the twin honour of CII EXIM Bank Business Excellence Award (2022) and the Jury’s Commendation for Role Model Organisation.

The Award is the highest level of recognition in the CII-EXIM Bank Award for Business Excellence, established by the Confederation of Indian Industry (CII) and Export Import Bank of India in 1994 with the aim of enhancing the competitiveness of India Inc.

Mr Bhanu Prakash Srivastava, CMD, BEL, along with senior officers Mr Joydeep Majumdar, Executive Director (NCS) & Unit Head, BEL-Ghaziabad, Mr Jagdish Chand, GM (Radar), BEL- GAD, Mrs Rashmi Kathuria, GM (SCCS), BEL-GAD, Mr Giriraj N, GM (DCCS), BEL-GAD, Mr Naveen Kumar, In-Charge GM (Antenna), BEL-GAD, Mr K K Agarwal, In-Charge GM (Corporate Quality), Mrs Anita Srivastava, Sr DGM (QS) & In-Charge of Business Excellence, received the prestigious Award for BEL at the Quality Summit organised by CII in Bengaluru on November 25, 2022.

The CII recognises organisations at three levels: Gold Plus (First Level), Platinum (Second Level) and Award (Highest Level). One of the Award winning organisations is declared as Role Model Organisation based on the highest levels of excellence demonstrated by it in certain key parameters. BEL’s Bangalore Complex was the first PSU to be recognised as Role Model Organisation by the CII in 2018. It’s a matter of great honour that the Ghaziabad Unit of BEL has now been recognized as Role Model Organisation.

BEL-Ghaziabad has five Strategic Business Units with three distinct product lines and solutions – Radars, C4I and Satcom. It delivers 90% of Radars, 100% of C4I solutions and 80% of Satcom equipment installed for the defence of the country. The award citation lauded BEL-Ghaziabad’s strong business performance even during the pandemic, aggressive growth in all domains with focus on R&D, fast-paced technology adoption, customer intimacy, deep-rooted culture of innovation and continuous transformation.

In his acceptance speech, Mr Bhanu Prakash Srivastava, CMD, said he was happy that the Ghaziabad Unit of BEL had received this prestigious Award and recognition for excellence. He said BEL is safeguarding the Nation on all three fronts – land, sea and air. He pointed out BEL’s contribution to democracy through the Electronic Voting Machines; and by manufacturing Ventilators during the Covid pandemic. He said BEL’s business processes have been structured for gaining customer confidence and recalled BEL’s business excellence journey in association with CII.

Mr Joydeep Majumdar, Executive Director (NCS) & Unit Head, BEL-Ghaziabad, spoke about the transformation of Ghaziabad Unit from product manufacturing to making high level systems and system integration. He shared the business excellence transformation in the Ghaziabad Unit.

Photo caption:

Mr Bhanu Prakash Srivastava, CMD, BEL, along with senior officers Mr Joydeep Majumdar, Executive Director (NCS) & Unit Head, BEL-Ghaziabad, Mr Jagdish Chand, GM (Radar), BEL- GAD, Mrs Rashmi Kathuria, GM (SCCS), BEL-GAD, Mr Giriraj N, GM (DCCS), BEL-GAD, Mr Naveen Kumar, In-Charge GM (Antenna), BEL-GAD, Mr K K Agarwal, In-Charge GM (Corporate Quality), Mrs Anita Srivastava, Sr DGM (QS) & Incharge of Business Excellence, receiving the prestigious CII EXIM Bank Business Excellence Award (2022) and the Jury’s Commendation for Role Model Organisation for BEL-Ghaziabad at the Quality Summit organised by CII in Bengaluru on November 25, 2022.

Navratna Defence PSU Bharat Electronics Limited (BEL) is celebrating Swachhta Pakhwada at all Units, SBUs and offices across India from December 1-15, 2022.

Swachhta Pakhwada celebrations at BEL’s Corporate Office in Bengaluru got kick- started today with the Swachhta Pledge being taken by all employees, led by Mr Bhanu Prakash Srivastava, CMD, BEL, and Mr Manoj Jain, Director (R&D). The pledge was administered to employees in three languages: Kannada, Hindi and English.

This was followed by a march-past with employees carrying placards advocating cleanliness, like “Live Life Cleaner; Make Earth Greener” and “Cleanliness is next to Godliness”.

Bengaluru/Ghaziabad, December 21, 2022: The Ghaziabad Unit of Navratna Defence PSU Bharat Electronics Limited (BEL) has donated an Apheresis machine to the blood bank of MMG District Hospital, Ghaziabad, as part of its Corporate Social Responsibility (CSR) activities.

General V K Singh, Minister of State for Road Transport and Highway, inaugurated the machine installed at the hospital on December 20, 2022. Mr Vikramaditya Singh Malik, Chief Development Officer, Dr Bhavtosh Shankhdhar, Chief Medical Officer, Ghaziabad, Dr Manoj Chaturvedi, CMS MMG Hospital, Mr Giriraja N, General Manager (DCCS/BEL-Ghaziabad), Mr Chetan Auti Patil, Sr DGM (HR)/BEL-Ghaziabad, Ms Aparna Tiwari, Sr DGM (CSR)/BEL-Ghaziabad, doctors and senior officers were present.

The Apheresis is a high-end machine used for assistance in blood component therapy. The machine takes blood from the donor and separates it into different components: platelets, plasma, white and red blood cells, using a single-use kit for each donor. Only those components required for the patient are finally extracted and remaining components are returned to the donor. The machine is best utilised for treatment of Anaemia (RBC), Dengue (platelets) and COVID (plasma). At MMG Hospital, a team of doctors have been trained to operate the machine. Apheresis was hitherto not available in Government hospitals in Ghaziabad, and patients were being treated manually.

BEL-Ghaziabad is engaged in many significant CSR projects in the areas of health care, education, sanitation, vocational skill development, etc, all of which are aimed at the development and well-being of the society at large.

 

Bengaluru: Mr Damodar Bhattad S has taken charge as the Director (Finance) of Navratna Defence PSU Bharat Electronics Limited (BEL) with effect from January 11, 2023. He was working as General Manager (Finance) at BEL’s Corporate Office prior to his elevation.

Mr Damodar Bhattad is a Chartered Accountant, who had secured All India Rank in ICAI final examination. A B.Com Graduate from the University of Madras, he joined BEL as Accounts Officer at its Chennai Unit in 1988 and in a career spanning over 34 years, served the company in various roles and capacities.

As Head of Finance at BEL Corporate Office, he played a significant role in the formulation of various company policies and procedures. He also played a pivotal role in BEL recording its highest ever turnover of Rs. 15,044 Cr in FY22 and achieving an order book of more than Rs. 50,000 Cr.

As Head of Funds, he efficiently managed Working Capital and ensured BEL remained debt free. He and his team played a key role in efficient collection of Trade Receivables, in the last two years (FY 2021 and 2022). He also initiated investment of surplus funds in Mutual Funds, which increased the company’s returns from Treasury Management.

Mr Damodar Bhattad has ensured that adequate internal financial controls are put in place in BEL and the company’s Risk Control Matrix is current and updated. He has been a member of various Management Committees — Management Audit Committee, Corporate Risk Management Committee, CSR Screening Committee and Invitee of Audit Committee and Capital Investment Committee to name a few, and has been able to provide valuable insights to BEL Management from the Finance perspective.

Mr Damodar Bhattad was Lead Member (Finance) for devising a business-cum-growth plan for BEL with respect to a strategic advisory services contract signed by the Defence major with a leading consultancy firm. He has been an integral part of the BEL Management team at various analysts/investor conferences. He has played a major role in BEL making the leap from conventional financial reporting to the more holistic approach of bringing out its first Integrated Annual Report in 2021-22. He believes and supports initiatives which increase BEL’s value for shareholders, in terms of higher Dividend payout and capitalisation of reserves.

As a member and Finance representative of BEL’s Pension Trust and Gratuity Trust, Mr Damodar Bhattad has ensured that the trust portfolio is suitably diversified in order to minimise risk and maximise returns. Earlier, during his tenure as Head of Finance (Operations), he played a crucial role in finalising contracts and selling price of major equipment and systems with customers. As a member of BEL’s Price Negotiation Committee, he was instrumental in obtaining significant price reductions from suppliers. He believes that BEL being a socially responsible corporate citizen must maximise its value for all its stakeholders.