BEL bets big on its new facility in Navi Mumbai

Bharat Electronics Ltd is pinning big hopes on its new facility in Navi Mumbai.

The facility of the defence PSU has been in the business of manufacturing shelters and masts and overhauling of hydraulic systems of T-72 tanks.

The new unit will boost the unit’s manufacturing and testing capabilities in composites, a new area which has been identified by BEL for diversification.

Speaking after he inaugurated the new facility, Shripad Naik, Union Minister of State (Independent Charge) for Ayush & Minister of State for Defence, said the new facility will enable BEL develop composites which were lighter yet stronger and posed no environmental hazard.

Gowtama MV, Chairman and Managing Director, said the revival story of Navi Mumbai unit was worth emulating. He said BEL would like to be a supply chain partner for all platform manufacturers of the country, including PSUs such as MDL, GRSE, etc.

Image Credit : thehindubusinessline.com

Download Now – Special Research Report

A 110 page special research report that highlights around 580 key investments happened in the year 2018-19.

Daily Newsletter

Enter your email address:

Delivered by FeedBurner

Archives