Bharat Electronics Analyst Meet Update - Emerging As Defense Plus Player: Prabhudas Lilladher
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Prabhudas Lilladher Report
We attended analyst meet of Bharat Electronics Ltd. to understand opportunity and business outlook of the company.
Management remains quite optimistic on upcoming opportunities in defense as well as non-defense space as government focus on indigenisation, spending and initiative’s such as production linked incentive schemes.
In order to capitalise on huge opportunities and mitigate risk of defense, Bharat Electronics is diversifying into different business verticals such as medical electronics, energy storage, unmanned system, space electronics and systems, software service, etc.
Further, it is expanding its global footprint by entering in new regions such as Kenya, Chile, Suriname, Malaysia, Nepal and Bangladesh through strategic collaborations.
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