name type state owned enterprise traded as bse 500049 nse bel industry aerospace and defence founded bangalore karnataka india in 1954 headquarters bengaluru karanataka india key people mr s k sharma chairman and md products avionics radars weapon systems c4i systems electronic voting machines etc. revenue 70.93 billion us 1.1 billion 2015 1 operating income 15.15 billion us 230 million 2015 1 net income 11.97 billion us 180 million 2015 1 total assets 152 billion us 2.3 billion 2015 1 total equity 78.85 billion us 1.2 billion 2015 1 owner government of india number of employees 9952 march 2014 1 slogan ... gu at . praudyogik . navonme . quality . technology . innovation . website www.bel india.com bharat electronics limited hindi ; iast bh rat ilek rawnik limi e bel is an indian state owned aerospace and defence company with about nine factories and few regional offices in india . it is owned by the indian government and primarily manufactures advanced electronic products for the indian armed forces . bel is one of nine psus under the ministry of defence of india . it has been accorded navratna status by the government of india . u on 1 april 2016 bel s order book was estimated to be around rs .300 billions . contents 1 products 2 locations 3 subsidiary 4 joint ventures 5 development timeline 6 corporate social responsibilities 7 recent development 8 financial indicators 9 customer co ordination cell 10 references 11 external links products edit scale model of bel weapon locating radar bel battle field surveillance radar bfsr sr bel designs develops and manufactures products in the fields of electronic voting mmachines voter verified paper audit trail 2 radars bel weapon locating radar bel battle field surveillance radar indian doppler radar samyukta electronic warfare system central acquisition radar 3d car reporter radar telecommunications sound and vision broadcasting opto electronics information technology semiconductors missiles akash missile sonars composite communication system ccs fire control system radar electronic warfare systems samyukta electronic warfare system f insas simulators tank electronics combined day sight for arjun mbt defence communications data link ii communications system for the indian navy s p 8i combat management system for indian navy solar systems naval systems adc & rs iaccs a low cost tablet pc being used in the socio economic caste census 2011 biometrics capturing for nation population register encrypters for the ministry of home affairs iff identify friend or foe secondary radar vhf radio iemc internal environment monitoring & control earlier called ssmc some products are manufactured by bharat electronics ltd. with help of tot transfer of technology . locations edit units of bharat electronics limited are in the following cities of india bangalore corporate head office and factory karnataka chennai tamil nadu panchkula haryana kotdwara uttarakhand ghaziabad uttar pradesh pune hyderabad telangana navi mumbai support centre 3 vishakhapatnam kolkata machilipatnam andhra pradesh liaison offices agra new york city singapore subsidiary edit bel optronic devices ltd bel optronic devices ltd. is a subsidiary company of bel and is a public sector undertaking psu of the government of india . it was founded in 1990 4 with the aim of conducting research development and manufacture of image intensifier tubes and associated high voltage power supply units for use in military security and commercial systems . the company is headquartered in pune and earned aggregated revenue of 516 million us 7.7 million during the fiscal year 2007 . 5 joint ventures edit bel thales limited bel thales limited was set up in 2015 . . ge be pvt limited ge be pvt limited was set up in 1997 as a joint venture between bharat electronics limited and general electric medical system . the facility based at whitefield bangalore manufactures x ray tubes for rad & f and ct systems as well as components such as high voltage tanks and detector modules for ct systems . the products are exported worldwide and meet the safety and regulatory standards specified by fda ce mhw aerb and the facility has been accredited with iso 9001 ; iso 13485 and iso 14001 certifications . ge bel also markets the conventional x ray tubes made at the pune unit of bel . the turnover of ge bel during 2004 2005 was over rs . 4.50 billion us 97 million including an export of over rs . 4.30 billion us 92 million . the company has been recognised for its outstanding export performance since 1998 by the export promotion councils . citation needed bel multitone ltd bel and multitone uk offer mobile communication products for the workplace . multitone invented paging in 1956 when it developed the world s first system to serve the life or death environment of st thomas hospital london . brief details of the products are access 700 one way speech paging system which supports 100 pagers . access 1000 3000 radio paging system which supports 1500 5000 users . computer radio integration units . digital cordless communication system . development timeline edit starting with the manufacture of a few communication equipment in 1956 bel started producing receiving valves in 1961 germanium semiconductors in 1962 and radio transmitters for air in 1964 . in 1966 bel set up a radar manufacturing facility for the army and in house r & d. in 1967 bel began manufacturing transmitting tubes silicon devices and integrated circuits . the pcb manufacturing facility was established in 1968 . in 1970 bel started making black & white tv picture tubes x ray tubes and microwave tubes . in 1971 bel set up facilities for the manufacture of integrated circuits and hybrid micro circuits . 1972 bel established manufacturing facilities for tv transmitters for doordarshan . in 1973 bel began manufacturing frigate radars for the navy . under the government s policy of decentralisation and due to strategic reasons bel set up new units at different location across the country . the second unit of bel was set up at ghaziabad in 1974 to manufacture radars and tropo communication equipment for the indian air force . the third unit was established at pune in 1979 to manufacture image converter and image intensifier tubes . in 1980 the first overseas office of bel was set up in new york for the procurement of components and materials . in 1981 a manufacturing facility for magnesium manganese dioxide batteries was set up at pune . the space electronic division was set up at bangalore to support the satellite programmes in 1982 . that year bel achieved a turnover of rs . 1 billion us 21 million . in 1983 the andhra scientific company asco was taken over by bel converted it to its fourth manufacturing unit at machilipatnam . in 1985 the fifth unit was set up in chennai for supply of tank electronics with proximity to hvf avadi . the sixth unit was set up at panchkula the same year to manufacture military communication equipment . in 1986 bel set up three units . its seventh unit was set up at kotdwara to manufacture switching equipment the eighth unit to manufacture tv glass shell at taloja navi mumbai and the ninth unit at hyderabad to manufacture electronic warfare equipment . in 1987 a separate naval equipment division was set up at bangalore to give greater focus to naval projects . the first central research laboratory was established at bangalore in 1988 to focus on futuristic research and development . in 1989 bel started manufacturing telecom switching and transmission systems and also the set up the mass manufacturing facility in bangalore and the manufacture of the first batch of 75 000 electronic voting machines . the agreement for setting up bel s first joint venture company be delft with m s delft of holland was signed in 1990 . this later became a subsidiary of bel with the exit of the foreign partner and has been renamed bel optronic devices limited . the second central research laboratory was established at ghaziabad in 1992 . the first disinvestment 20 % and listing of the company s shares in the bangalore and mumbai stock exchanges took place in same year 1992 . in 1996 bel achieved rs 10 billion us 215 million turnover . in 1997 ge bel the second joint venture company with m s ge usa was formed as also the third jvc with m s multitone uk bel multitone . the same year the us imposed supply restrictions on bel . in 1998 bel set up its second overseas office at singapore to source components from south east asia . in the same year us and europe imposed sanctions on bel . the company was able to overcome the effects of the sanctions and kept up the promised deliveries to customers . in 2000 bel reorganised its bangalore unit into six strategic business units sbus . the r & d groups in bangalore were also restructured into specific core groups and product development groups . the same year bel shares were listed in the national stock exchange . in 2002 bel became the first defence psu to achieve operational mini ratna category i status . in 2003 the company s turnover crossed the rs . 25 billion mark us 540 million . in 2005 bel had a turnover of rs . 32.20 billion us 695 million . bel achieved a turnover of rs . 35.60 billion us 767 million in 2005 06 . citation needed on 12 may 2010 boeing announced that it received the data link ii communications technology for the indian navy s p 8i from bharat electronics limited bel in april one month ahead of schedule . bel delivered the indian designed communications system that will enable exchange of tactical data and messages between indian navy aircraft ships and shore establishments . boeing will install the system during p 8i final assembly . 6 in 2011 the indian government owned bharat electronic limited bel showcased its entire range of c4isr capabilities including network centric warfare technologies developed in house at aero india 2011 . these include command and control system air space management multi sensor tracking situation simulator and tactical algorithm for air defence applications ; battlefield management system and an all weather 24 7 coastal surveillance system . in addition new products and technologies including software defined radios next generation bulk encryptor and high data tactical radio were also on show . airborne products displayed included radar finger printing system data link digital flight control computer and identification friend or foe . also on display were the complete range of opto electronic equipment including night vision devices digital handheld compass and an advanced land navigation system . bel is the lead integrator of akash the indian made guided missile air defence weapon system . another major system is weapon locating radar the state of the art passive phased array radar which has undergone successful user trials by the indian defence forces . corporate social responsibilities edit bel is involved in various community development initiatives wherever it is present across india . the bel has its own educational institutions among them one is special school for the mentally challenged students . it has set up hospital creche and other welfare measures for its employees and their dependants . bel assigns some resources for social causes . when it completed 50 years of existence it allocated a good amount of funds for celebration . approximately rs 40 million was spent on society related initiatives . bel has set up an electronics gallery at the visveswariah industrial and technological museum in bangalore and chennai . bel encourages a culture of community initiative at its manufacturing unit level and ensures all employees take part in these initiatives . 7 recent development edit bharat electronics is forming some joint ventures to achieve technical excellence . bharat electronics limited has set up a goint venture with general electric ge usa for manufacturing high voltage tanks and detector modules for