BHARAT ELECTRONICS GETS Rs 1,950 CRORE CONTRACT FROM MINISTRY OF DEFENCE

India has taken another major step toward strengthening it's indigenous defence ecosystem as the Ministry of Defence has placed an order with

worth Rs 1,950 crore for the supply of two advanced Mountain Radars for the Indian Air Force (IAF). These radars are specifically designed for deployment in high-altitude and mountainous regions, where surveillance and early warning capabilities are critical. Their deployment is expected to significantly enhance India’s air defence preparedness in strategically sensitive terrains. is a government undertaking company that manufactures and supplies electronic equipment and systems to the defence sector. The company has delivered good profit growth of 30% CAGR over last 3 years and has also been maintaining a healthy dividend payout of 39%. With government's increased spending on defence sector, the company is set to see good sales and profit growth in the coming years.