Bharat Electronics (BEL), a public sector defence major, is reportedly planning a capital expenditure of Rs 700 crore for 2017-18 on two new plants at Anantapur and Machilipatnam in Andhra Pradesh. In addition to these plants, the company is also creating dedicated business groups to address home land security and smart city business.
Bharat Electronics is a multi-product, multi-technology, multi-unit conglomerate with over 350 products in the areas of military communication, radars, naval systems, C4I systems, weapon systems, homeland security, telecom & broadcast systems, electronic warfare, tank electronics, electro-optics, professional electronic components and solar photovoltaic systems.
