Bharat Dynamics Limited (BDL) has been conferred with Raksha Mantri’s Institutional Award for Excellence in Performance and Group/Individual Award in Innovation category for the year 2014-15. The Award for Excellence in Performance was presented to BDL CMD V Udaya Bhaskar and Director (Production) V Gurudatta Prasad by Union Minister for Defence, Finance and Corporate Affairs, Arun Jaitley at Manekshaw Centre in New Delhi on Tuesday.
BDLUnion Minister for Defence, Finance and Corporate Affairs, Arun Jaitley with the awardees at Manekshaw Centre in New Delhi on Tuesday.Open
BDL is a ‘Mini-Ratna’ Category-I Defence Public Sector Undertaking (PSU) and has achieved a record turnover of Rs 4,872 Crore in 2016-17 and a Compound Annual Growth Rate of 39.89 per cent over the last three years, according to a press release.
The Group/Individual Award for Innovation category was presented to Director (Technical) K. Diwakar, Additional General Manager (Design & Engineering), M. Sreedhar Rao and team in recognition of the innovative efforts in the design and development of Amogha-I Anti-Tank Guided Missile.