Bharat Electronics Secures Rs 23.85 Billion Deal for IAF Choppers

08 Apr 2025 CW Team

The Ministry of Defence has signed a landmark contract with Bharat Electronics Limited (BEL), Bengaluru, for the procurement of advanced Electronic Warfare (EW) Suites and associated aircraft modification kits for the Indian Air Force’s Mi-17 V5 helicopters. The deal, valued at Rs 23.85 billion, was formalized under the Buy (Indian–Indigenously Designed Developed and Manufactured) category on April 7, 2025, in the presence of Defence Secretary Rajesh Kumar Singh in New Delhi.

Designed to significantly enhance the operational survivability of helicopters in hostile environments, the state-of-the-art EW Suite will offer a critical edge to the IAF’s rotary wing fleet. The installation will include not only the EW systems but also the modification kits and support equipment required for integration.

A majority of components and sub-assemblies for the EW systems will be sourced from indigenous manufacturers, with a strong push for MSME participation. This initiative aligns with the government’s Aatmanirbhar Bharat and Make in India vision, marking a major stride toward self-reliance in high-end defence technologies.

The project reinforces India's efforts to develop cutting-edge electronic warfare capabilities and reduce dependence on foreign systems, ensuring enhanced readiness and resilience for the nation’s air defence.

Infrastructure Transport

11 May 2026

Shivraj Chouhan Launches PMGSY IV and Announces Package for Madhya Pradesh

Union Minister Shivraj Singh Chouhan launched the Pradhan Mantri Gram Sadak Yojana (PMGSY) IV at Bhairunda in Sehore district during the 25 year celebrations and announced a development package for Madhya Pradesh. The programme was organised by the Union Ministry of Rural Development and attended by Chief Minister Dr Mohan Yadav, ministers of state, state ministers, legislators and senior officials from the centre and the state. The minister said the central government under the Prime Minister is committed to strengthening rural livelihoods through improved connectivity, housing and women's in..

DMR Engineering Reports FY 25-26 Financial Results

DMR Engineering reported its half year results for the financial year ended 31 March 2026 and published full year figures on a standalone basis. Standalone revenue from operations decreased by 2.01 per cent year-over-year to Rs 102.58 million (mn), while profit after tax declined by 43.94 per cent to nine point five six mn, leaving a profit after tax margin of nine point zero five per cent. Earnings per share stood at Rs zero point nine two, a fall of 44.71 per cent year-over-year. The company attributed part of the decline to one-off provisioning for bad debts and additional financing charges..

Atlanta Electricals Posts Strong FY26 Growth And Debt Free Finish

Atlanta Electricals reported audited consolidated results for the quarter and year ended 31 March 2026. The company recorded significant year-on-year revenue growth driven by capacity ramp-up at new facilities and higher utilisation at legacy plants. The announcement summarised operating improvements and strategic milestones achieved during the year. For Q4 the company reported revenue of Rs 7.48 bn and for FY26 revenue of Rs 18.52 bn, representing robust growth versus the prior year. EBITDA in Q4 was Rs. 1.49 bn and Rs. 3.44 bn for the full year, with margins expanding to 20 per cent in the q..