MoU Signed between Department of Defence Production and BEL

The Secretary (Defence Production), Shri Ashok Kumar Gupta and the CMD, Bharat Electronics Limited (BEL), Shri M.V. Gowtama at the MoU signing ceremony, in New Delhi on July 17, 2017.

Question: Bharat Electronics Limited is a Central Public Sector Enterprise (CPSE) under the Ministry of …

(a) coal
(b) steel
(c) defence
(d) Science

Answer- (c)
Related facts

  • On July 17, 2017, Bharat Electronics Limited (BEL) signed a memorandum of understanding (MoU) with the department of defence production for the financial year 2017-18.
  • Under this MoU the revenue from operations has been targeted at Rs. 9000 crore.
  • The Operating Profit to Revenue from Operations target has been set at 14 percent.
  • Additional focus on turnover from exports and increase in indigenous content is to be given during the year.
  • Bharat Electronics Limited (BEL) is a Navratna Schedule ‘A’ Central Public Sector Enterprise (CPSE) under the Department of Defence Production, ministry of defence.

Reference:

http://pib.nic.in/newsite/PrintHindiRelease.aspx?relid=66089
http://airworldservice.org/hindi/archives/48303
http://pib.nic.in/newsite/PrintRelease.aspx?relid=167494