Bharat Electronics Limited - BEL

Additional Details

Bharat Electronics Limited (BEL) is an Indian public sector aerospace and defence electronics company headquartered in Bengaluru. It primarily manufactures advanced electronic products for ground and aerospace applications. In collaboration with Israel Aerospace Industries (IAI), BEL launched a joint venture that has officially commenced operations. It serves as the exclusive single point of contact for providing long-term technical support and maintenance for air defense systems and Medium-Range Surface-to-Air Missiles (MRSAM) operated by both the Indian and Israeli militaries. Specialized reports, such as those from the Stockholm International Peace Research Institute (SIPRI), indicate that India has emerged as an alternative manufacturing hub outside of Israel for certain sensitive equipment. Although the primary export focus in India involves other entities—such as the export of "Hermes 900" unmanned aerial vehicles (UAVs) through the partnership between India's Adani Group and Israel's Elbit Systems—BEL contributes by supplying the electronic components that support these defense systems. Furthermore, shipping documents and port tracking data have revealed that India continues to dispatch military shipments, including electronic components and support equipment, to Israel amid the equipment and ammunition shortages faced by the Israeli military. -- Listed on NSE/BSE (BEL), Bharat Electronics Limited - BEL is backed by leading sovereign wealth funds, most notably NBIM.