BDL has been working in collaboration with DRDO & foreign Original Equipment Manufacturers (OEMs) for manufacture and supply of various missiles and allied equipment to Indian Armed Forces.
2. The lead taken by the Nation to develop indigenous, sophisticated and contemporary missiles through the Integrated Guided Missile Development Programme (IGMDP), gave BDL an opportunity to be closely involved in the programme, wherein it was identified as the Prime Production Agency. This opened up a plethora of opportunities to assimilate advanced manufacturing and programme management technologies and skills.
3. Today, BDL has evolved as one among the few industries in the world having state-of-the-art facilities for manufacture and supply of Guided Missiles, Underwater Weapons, Air- borne products and allied defence equipment for the Indian Armed Forces. The Company also offers Product Life Cycle Support and Refurbishment / Life Extension of vintage Missiles.
4. BDL has graduated from being a missile manufacturer to a Weapon System Integrator and has emerged as a complete solution provider for the Indian Armed Forces.
5. BDL has four manufacturing units, out of which three are located in Telangana State (Hyderabad, Bhanur and Ibrahimpatnam) and one Andhra Pradesh (Visakhapatnam). As a part of its expansion plan, BDL is setting up one unit at Amravati in Maharashtra to cater to the growing demands of the Armed Forces.
6. BDL, with the support of DRDO, has been manufacturing various types of indigenously designed and developed missiles and underwater weapons. One such product being produced by BDL is the Akash Weapon System, a Surface-to-Air indigenous Missile, involving of a large number of supply chain partners from the industry. Similarly, The Heavy Weight Torpedo and Light Weight Torpedo developed by NSTL, DRDO, are being manufactured by BDL at its Visakhapatnam Unit with active participation from the industry. The Light Weight Torpedo is also being exported.
7. BDL is now set to produce the world class ‘Beyond Visual Range’ Astra Weapon System for the Indian Armed Forces. The weapon system has been developed by DRDO.
8. The announcements made by Government of India on ‘Atmanirbhar Bharat’’ cover a wide range of opportunities for the Indian industry paving way for a self-reliant India in the coming years. To take forward the ‘Atmanirbhar Bharat’ initiative of the Government, BDL has taken up several measures such as creation of Seeker Facility Centre and Warheads production facility at BDL, launch of indigenously designed and developed equipment by BDL namely, Konkurs Launcher Test Equipment and Konkurs Missile Test Equipment, setting up of new facilities like Surface – Mount Technology, ‘High Performance Computing facility’ at BDL premises, issue of ‘Expression of Interest’ for the items to be indigenized. These measures will not only contribute towards the realization of ‘Atmanirbhar Bharat’, but also result in substantial saving of foreign Exchange for the Nation.
9. Among the various policies announced by the Government in Defence sector, the creation of negative list of imports will also develop the defence manufacturing sector. In this direction, BDL has successfully achieved significant levels of indigenization for the "all-time import items" of the weapon systems being currently supplied to the Indian Army. BDL is also offering various items for indigenization of various missiles to the industry including MSMEs.
10. The Company is also extending its technical support to its vendors including providing test facilities available with BDL. The procedures have been streamlined to encourage active participation of ‘start ups’. BDL is also working with DRDO for Transfer of Technology for products like Infra-Red Flares, which are a part of Counter Measures Dispensing System to be manufactured and offer to Indian Armed Forces as a ‘comprehensive counter measure solution’. These items are currently under import category.
https://bdl-india.in/
Current Market Price - Rs.1117
Year High - 1247
Year Low - 665
Returns -
1 month - minus 3%
6 months - 19%
1 year - 61%
Company is performing well and is likely to grow further from the current levels. Buy on dips
Date 6 July 2023
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