BEL and HAL sign Rs 2,400 crore contract for Tejas MK1A systems

22 Dec 2021 CW Team

Bharat Electronics Limited (BEL) and Hindustan Aeronautics Limited (HAL) signed a Rs 2,400 crore contract on Thursday for the development and supply of 20 types of systems for the LCA Tejas MKIA programme.

BEL, which is also a defence PSU, will have five years to supply critical avionics Line Replacement Units (LRUS), flight control computers, and night flying LRUs from 2023 to 2028.

HAL called the contract a major step toward indigenisation, and said that this is the largest order HAL has ever placed on any Indian company.

The LCA Tejas programme, according to R Madhavan, CMD of HAL, is an excellent example of synergies between Indian defence establishments such as HAL, DRDO, and BEL.

The current order for the development and supply of 20 different types of systems for the Tejas MkjA is a boost for Make in India. Madhavan added that HAL is committed to using indigenous products.

Bharat Electronics Limited's Bengaluru and Panchkula divisions will fulfil the order for the supply of these systems for the Tejas MKJA fighter fleet of 83 aircraft (Haryana). BEL will deliver to HAL in a ready-to-board condition all of the contracted items.

Tejas Mk deliveries under 83 From FY 2023-24 onwards, an order to the IAF will be issued. The indigenous fighter will be outfitted with indigenous flight control computers and air data computers, both of which will be provided by BEL under this contract. DRDO and Bengaluru's Aeronautical Development Agency collaborated on the development of these systems.

Image Source

Infrastructure Urban

30 May 2026

Panasonic Showcases Connected Display Solutions

Panasonic Life Solutions India showcased its integrated display, projection, broadcast and communication technologies at Panasonic Tech Summit 2026 in New Delhi. Hosted through its System Solutions Division, the two-day event highlighted connected technology solutions for education, healthcare, retail, transportation, corporate offices and entertainment.The summit, themed ‘Turning Technology into Value’, featured experience-led zones covering QSR, retail, transit, corporate offices, healthcare, education, security, projection, home theatre and professional displays. Panasonic also introduc..

Kapsch to Deliver India’s First C-ITS Project

"Kapsch TrafficCom will deliver India’s first Cooperative Intelligent Transport Systems project on a key expressway near New Delhi. The project will be implemented with Superwave Communication And Infrasolution Limited to demonstrate how connected mobility can improve road safety and traffic efficiency.The pilot will use real-time connectivity and AI-enabled situational awareness to support road users, especially in high-risk areas such as temporary work zones. Drivers will receive alerts on roadworks, maintenance vehicles, hazardous locations, traffic queues and temporary virtual signage di..

Eurobond Net Profit Rises 44 Per Cent

Euro Panel Products, the parent company of Eurobond, reported a 44.13 per cent year-on-year rise in net profit for FY25–26. The company’s revenue from operations grew 18.91 per cent to Rs 503.20 crore, compared to Rs 423.18 crore in the previous financial year.The company’s full-year EBITDA stood at Rs 56.67 crore, marking a 31.82 per cent increase. Profit after tax rose to Rs 26.56 crore, while net worth increased 20.15 per cent to Rs 160.07 crore. Earnings per share for the year stood at Rs 10.84.Divyam Rajesh Shah, Whole Time Director and CFO, Euro Panel Products, said the company’s..