Navratna Defence PSU Bharat Electronics Ltd (BEL) displayed its solidarity with the Government's 'Make in India' initiative and intent to partner with the private industry to achieve the goal of self-reliance by participating in the two-day Defence Industry Development Meet, which was inaugurated by Smt Nirmala Sitharaman, Hon'ble Raksha Mantri, at Kalaivanar Arangam in Chennai yesterday, January 18, 2018. Mr Edappadi K Palaniswami, Hon'ble Chief Minister of Tamil Nadu, senior officials from the Ministry of Defence, State Government, Services, Chairman, OFB, CMDs of DPSUs, senior executives of DPSUs/OFB and private industries were present at the inaugural.
BEL also showcased its strengths and capabilities in the area of strategic electronics at an exhibition which was organised on the sidelines of the meet, which aimed at "Forging New Partnership With Industry For Defence Production". Smt Nirmala Sitharaman, Hon'ble Raksha Mantri, visited the BEL stall at the exhibition on the first day and was briefed by Mr Gowtama M V, CMD, BEL, about the components and sub systems BEL has successfully indigenised through the private industry.
BEL also honoured four of its vendors for their commitment, reliable services, quality of products and timely deliveries at the event. Mr Gowtama M V, Chairman & Managing Director, BEL, and Mr Mahesh V, Executive Director (Electronic Warfare & Avionics), BEL-Bangalore, presented the BEL 'Outstanding Vendor Awards' to K S Engineering Tools, Chennai; HI-Q Electronics Pvt Ltd, Hosur; Pinaka Aerospace Solutions Pvt Ltd, Bengaluru; and V AIM Group, Bengaluru.
Mr Gowtama M V, CMD, BEL, today chaired a panel discussion on "Navy/Electronics" with Cmde Rakesh Anand, IN (Retd), Chairman & Managing Director, Mazagon Dock Limited, and Cmde R Sreenivas, PDIO (Navy), and made a presentation on BEL's contributions to the Indian Navy. He also proposed the vote of thanks at the valedictory function, which was graced by His Excellency, Mr Banwarilal Purohit, Hon'ble Governor of Tamil Nadu, and Dr Subhash Bhamre, Hon'ble Raksha Rajya Mantri.
BEL has been striving to achieve its cherished goals of self-reliance by supporting the Government's initiative on Make in India. BEL recognises outsourcing as one of the strategic tools to achieve cost benefits and also complement the strengths of the private sector to build a strong industrial base.