BEL to produce thermal imagers, ATM Radars etc.,

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Category: Instrumentation

Bharat Electronics Ltd, is planning to invest Rs.10000 to Rs.15000 million to produce critical technology products like thermal imagers, ATM Radars, guidance systems, air-borne defence systems with joint ventures. BEL is in talks with Elbit El-Op and Photonis for night vision products for electro optic systems mounted on defence vehicles. Last year it has commissioned KPMG to conduct a study for future growth area. It may be noted, the company gets 80% of its revenue from futuristic products for armed forces. It is has considered some buy-outs of technical companies but decided against it. Currently, it is scouting for technology tie-ups with Boeing, Europe’s Selex Galileo and Thales and the Hyderabad-based Astra Microwave.