Bharat Dynamics Limited, a Government of India Enterprise under the Ministry of Defence was incorporated in the 1970 to be a manufacturing base for guided missiles and allied defence equipment. Today, BDL is amongst a few industries in the world having capabilities to produce state-of-the-art guided weapon systems. For the financial year 2016 – 17,Percent growth over the previous
BDL has achieved a record sales turnover of Rs. 4,875 crore, registering an increase of 17 percent growth over the previous year. BDL has also been rated as ‘Excellent’ BDL has also been realted as “Excellent” for its performance during the year 2015-16 by the Government of India. This is the third consecutive year the Company has been rated as ‘Excellent’.
A snapshot of the recent developments made by the Company is presented below.
MoU SIGNED FOR EXPORT OF TORPEDOES
BDL entered into an MoU with L&T for Export of tropedoes (LWT-XP) which has been design and develop at NSTL, Visakhapatnum and will be manufactured by BDL.
Shri V. Udaya Bhaskar, CMD, BDL and Shri Jayanth Patil, Head of Defence, L&T exchanged MoU documents in the presence of Shri Arun Jaitley, Hon’ble Union Minister of Defence and Finance and Dr. Subhash Bhamre, Hon’ble Raksha Rajya Mantri, Govt. of India on 24 March 2017 at New Delhi.
Dr S. Christopher, Chairman, DRDO and Secretary, Department of Defence R&D, Dr SC Sati, Outstanding Scientist and Director General, Naval Systems & Materials, DRDO, Shri K. Divakar, Director (Technical), BDL, Shri Arun T. Ramchandani, Head of Guns, Missiles and Armoured Vehicles, L&T were present on the occasion.
STATE-OF-THE-ART EXPLOSIVE STORAGE FACILITY INAUGURATED
A state-of-the-art explosivestorage facility was inaugurated by Hon’ble Raksha Rajya Mantri Dr Subhash Bhamre at BDL, Hyderabad on 5th june 2017.The Facility is a compact layout of storage magazine without compromising on safety aspects.
MoU SIGNED WITH MINISTRY OF YOUTH AFFAIRS & SPORTS
The State of the art explosivestroage facility was inaugurated by hon’ble Raksha Rajaya Mantri Dr. Subhash Bhamere at BDL, Hydrabad on 5th june 2017.
Sports Development Fund.
The MoU was signed as a part of Corporate Social Responsibility initiative taken up by the Company for promotion of excellence in sports in India and achieving greater heights at national and international level competitions.
Dr. N.K Raju, ED (P&A), BDL and Shri Sagar Preet Hooda, IPS, who represented the Minister of Youth Affairs and Sports, Govt.of India exchanged the signed documents of MoU documents at BDL.
MoU SIGNED WITH INDIAN INSTITUTE OF SCIENCE
BDL has signed a MoU with Indian Institute of Science (IISc), Bengaluru on 27 March 2017 aiming at Skill Development of Unemployed Youth.
As per the MoU, BDL will contribute an amount of Rupees One Crore and IISc will provide Solar PV and CSP based Training and Smart Micro-Grid Training for Unemployed Youth at IISc, Challekere Campus towards Skill Development of Unemployed.
Dr. N.K Raju, ED (P&A) exchanged MoU documents with Prof. Govindan Rangarajan, Chairman, Division of Interdisciplinary Research & Chairman, Office of Development and Alumni Affairs, IISc, Bengaluru.
NAVY’S EXPEDITION TO MOUNT EVEREST FLAGGED OFF
On March 23, 2017, Chief of Naval Staff, Admiral Sunil Lanba, flagged off the
The first all Navy expedition to Everest was flagged off from Indian Navy Submarine Sindhuraj in 2004 at 50 metres below the sea. The expedition thereafter went on to scale Everest and plant the Naval Ensign at 8848 metres. The second all Naval expedition is set to repeat the feat in May this year