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1 Introduction to industry

2 Profile of the organisation

3 Name of the organisation

4 Vision mission and value of the


organisation

5 Address and head office of the


organisation

6 Types of ownership

7 History of the organisation


8
departmentation
9
Product profile
10
Numbers of employees
11
Organisation structure
12
awards
13
Financial data
14
SWOC analysis
15
Intern experience report
16
Learning out come
17
conclusion
Introduction to industry

With the ongoing revolution in the field of electronics & communications where innovations
are taking place at the blink of an eye, it is impossible to keep the pace with the emerging
trends. Excellence is an attitude that whole of human race is born with. It is the environment
that makes sure that whether the result of this attitude is visible or otherwise. A well planned,
properly executed and evaluated industrial training helps a lot in including a professional
attitude. It provides a linkage between the student and industry to develop an awareness of
industrial approach to problem solving, based on broad understanding of process and mode of
operation of organization.

During this period, the student gets the real experience for working in the actual industry
environment. Most of the theoretical knowledge that has been gained during the course of
their studies is put to test here. Apart from this the student gets an opportunity to learn the
latest technology, which is immensely helps in them in building their carrier. I had the
opportunity to have a real experience on many ventures, which increased my sphere of
knowledge to great extent. I got a chance to learn many new technologies and was also
interfaced to many instruments.

Profile of the organisation


Bharat Electronics Limited (BEL) is a state-owned electronics company with about nine
factories, and few regional offices in India. It is owned by the Indian Government &
primarily manufactures advanced electronic products for the Indian Armed Forces.BEL is
one of the eight PSUS under Ministry of Defence, Government of India. It has even earned
the governments Navratna status.
Bharat Electronics Limited (BEL) was set up at Bangalore, India, by the Government of India
under the Ministry of Defence in 1954 to meet the specialised electronic needs of the Indian
defence services. Over the years, it has grown into a multi-product, multi-technology, multi-
unit company serving the needs of customers in diverse fields in India and abroad. BEL is
among an elite group of public sector undertakings which have been conferred the Navratna
status by the Government of India.
The growth and diversification of BEL over the years mirrors the advances in the electronics
technology, with which BEL has kept pace. Starting with the manufacture of a few
communication equipment in 1956, BEL went on to produce Receiving Valves in 1961.
Germanium Semiconductors in 1962 and Radio Transmitters for AIR in 1964. In 1966, BEL
set up a Radar manufacturing facility for the Army and in-house R&D, which has been
nurtured over the years. Manufacture of Transmitting Tubes, Silicon Devices and Integrated
Circuits started in 1967. The PCB manufacturing facility was established in 1968.
In 1970, manufacture of Black & White TV Picture Tube, X-ray Tube and Microwave Tubes
started. The following year, facilities for manufacture of Integrated Circuits and Hybrid
Micro Circuits were set up. 1972 saw BEL manufacturing TV Transmitters for Door darshan.
The following year. Manufacture of Frigate Radars for the Navy began. Under
the government’s policy of decentralization and due to strategic reasons, BEL ventured to set
up new Units at various places.

The first Central Research Laboratory was established at Bangalore in 1988 to focus on
futuristic R&D. 1989 saw the manufacture of Telecom Switching and Transmission Systems
as also the setting up of the Mass Manufacturing Facility in Bangalore and the manufacture
of the first batch of 75,000 Electronic Voting Machines. The agreement for setting up BEL's
first Joint Venture Company, BE DELFT, with M/s Delft of Holland was signed in 1990.
Recently this became a subsidiary of BEL with the exit of the foreign partner and has been
renamed BEL Optronic Devices Limited. The second Central Research Laboratory was
established at Ghaziabad in 1992. The first disinvestment (20%) and listing of the Company's
shares in Bangalore and Mumbai Stock Exchanges took place the same year. BEL. Units
obtained ISO 9000 certification in 1993-94. The second disinvestment (4.14%) took place in
1994. In 1996, BEL, achieved Rs.1,000 crores turnover. In 1997, GE BEL, the Joint Venture
Company with M/s GE, USA, was formed. In 1998, BEL set up its second overseas office at
Singapore to source components from South East Asia.
Vision, mission ,and value of the organisation
VISION
 To be a world class enterprise in professional electronics

MISSION
 To be a customer focused
 globally competitive company in defence electronics & in other
chosen fields & product
VALUE
 To become a customer-driven company supplying quality products at
competitive prices at the expected time & providing excellent support
 To achieve growth in the operations
 Commensurate with the growth of professional
 Electronics industry in the country
 To generate internal resources for financing the investments required for
modernization
 expansion & growth for ensuring a fair return to the investor
 To strive for self-reliance by indigenization of materials & components in order
to meet strategic needs of defence of the nation.
 To attain the technological leadership of the company in defence
 To progressively increase overseas sales of its products & services
 To give value for money to customers
 create Wealth for shareholders
History of the organisation
Bharath electronic limited was founded in Bangalore in 1954 starting with the
manufacturing of a few communication equipment. In 1954 with a factory of
Jallahali, Bharat Electronics grew into nine units, spread all over India. The
locations & products of the units are given below

1. BANGALORE: This is also called BG Complex. Jallahali unit which is


the mother unit is now a part of the BG Complex. This is the
biggest unit with approx. 8,853 employees working here. Among
the products here, the important ones are:

Communication equipment

 Air & Door darshan equipment like mobile van for live telecast etc.
Radar-mobile, one dimensional, 3-dimensional & multi-
dimensional Radars are

 Manufactured here. Different range of semi-conductor devices like


ICs.
 Resistors & black & white colour TV picture tube glasses .

 ISRO’s requirements are met at space electronics department at


Bangalore. Satellite Launch vehicle was also manufactured here.

2. GHAZIABAD: This is the second unit which was set up in 1974, &
approx. 2500 Employees working here. Radars & some
communication equipment are The products Manufactured here
are Radars :
 SATCOM
 Microwave components.

3. PUNE: To diversify further one more branch was added 1979 &
this was in Pune. In this branch around 700-800 employees are
working. The product profile includes:
 Image convertor
 image intensifier
 X-ray tubes
 Batteries
 Electro-optics
4.MACHLIPATNAM: There was one Andhra scientific company,
which was a sick unit. This was taken over by BEL & is called ASCO unit in
1983. The products include:

Optical & optoelectronic equipment like binoculars, microscopes


Medical Electronics

5.NAVI MUMBAI: This is an industrial place near Mumbai. This unit


makes:

 Glass shells for black & white TV picture tubes


 Shelters for Electronic Equipment
 Train Actuated Warning System
 Electronic Equipment Assembly

6.PANCHKULA: Panchkula & Kotdwara were proposed simultaneously


by the Government in 1985. It was proposed to set up one unit catch in
Haryana & Uttar-Pradesh. But the place in UP. For setting up a BEL unit
could not be decided while that at Haryana was decided & hence this
unit started earlier. This unit manufactures only tactical communication
equipment like VHF, UHF transceivers etc.

7.KOTDWARA: This is a unit in Garhwal district of Uttaranchal. This


unit manufactures radio relay, multiplex equipment’s & exchanges etc.

8.CHENNAI: The eight unit of BEL was established in Chennai. This


unit manufactures

 Tank related electronic equipments


 Optical fire control systems
9.HYDERABAD: This is another unit of BEL which manufactures
electronic warfare Equipments.
Address and head office of the
organisation
Head quarter: Bharath electronics limited (BEL): Outer Ring
Road, Nagavara, Bangalore-560045

Foreign offices Regional offices


New York city New Delhi
Singapore Mumbai
Hanoi, Vietnam Calcutta
Yangon, Myanmar Vizag
DEPARTMENTAION
F&MR (FINANCE & MILITARY RADAR)
Finance: centre for the sanction of money

 Bills receivable: The balance of money due to a firm for goods or


services delivered or used but not yet paid for by customers.
Process of bills receivable
o Contract release
o Sale order release
o Accounting
o Provision enrty
o Billing process for spares
o Billing and dispatch process for WLR and schilka
o Dispatch process
o Bill tracking system
o Collection entries
o Reports

 Bills payable: the bills of exchange that have been received by a


company and not yet been paid and that part of the company’s accounts
that shows these bills
Accounting and payments- goods
MIGO entry is passed by the stores department delivery invoice copy
Inventory a/c Dr
To G/R clearing a/c
Checklist of Bills payable
PO: payment term, price, part no: & description, unit rate, quantities, tax
rate, Inco-term, LD clause, warrantee.
Invoice: packing and forwarding charge, freight, excise duty, taxes, TDS.
G/R: quantity received, accepted date, discrepancies, deviation.
Financial enrty at the time of MIRO
G/R clearing a/c Dr…
Input tax Dr…
CENVAT clearing a/c Dr…
To vendor A/c
To TDS a/c
Entry at the time of payment
Vendor a/c Dr….
To Bank A/c
Entry generated at the time of pricing the service invoices
G/R a/c Dr…
Services tax clearing a/c Dr…
Swatch Bharath a/c (0.5%) Dr…
Krishi Kalyan cess (0.5%) Dr…
To vendors a/c
To TDS a/c
Miscellaneous bills: management sanction are taken by respective department
for various purpose which are not covered by other routes of payment
management.
One time sanction: payment to be released on onetime basis
Single time sanction: payment to be released on multiple occasions
Imprest bill system: Is basically used for procurement of consumable, spares
and other items of small value required for smooth running of day-to-day
activities

 Costing: A form of managerial accounting that aims to capture a


company’s total cost of production by assessing the variable costs of
each step of production as well as fixed costs, such as a lease expenses

o Internal order: used to capture the revenue cost any procurement


against the IO will not be reflected in stocks & it will be directly
consumed.
o Control data
o Budget allocation
o D&E
o Settlement rule

 Purchase finance: it is a short term pre-shipment loan extended to the


seller against a confirmed purchase order received from the buyer
Some of the T-Code used in SAP

VA43 Scrutinization of contract


VA02 Sale order release
VF01 Accountal of sales
ZISDO60 Contract release
VA03 Checking of sale order
VF02 Released to a/c
F_03 Customer clearance
FBL5N Checking debtors
FBL1N Checking creditors
FBL3N GL viewing
860180 Cash received
KO01 Create internal order
9CO43 Production/process order
1110 Company code
CO88 Statement production
KKAQ Work in Progress
SM37 Simple job selection
CATA Transfer of target components
9110 Business area
B200 Expense
1000 Controlling area
101110 Profit center
CJ30 Allocation of budget
CJ32 Budget release

PRODUCTS PROFILE
Bharat Electronics Limited is a major supplier of products and turnkey systems
to the Indian Defence Services. Over the years, BEL has diversified into
manufacturing many civilian products as well. Large turnkey
telecommunication solutions are also being offered to civilian market. BEL has
been involved in providing state-of-the-art communication equipment to the
Indian Army, be it hand held mobile radios and terminals, ground based
systems, airborne and even ship borne equipment and systems. The
communication equipment developed here cover HF, VHF, UHF, and V/UHF
frequency bands. The most important project of BEL under the communication
equipment is STARS-V which provides secure mode of data transfer. In
STARS-V, the data to be transferred is first encrypted using a microprocessor
which could be read only by a similar device with same coding. Now the latest
technology of frequency hopping is being implemented which is a very useful
tool in making a secure data transfer system. BEL manufactures a lot of product
which is very difficult to list but some of the major products were as follows:
Sl.no PRODUCT CUSTOMER
1 Defence Indian defence services, para-Military
communication forces
2 Radar & sonars Indian defence services, civil aviation,
meteorological department, ISRO

3 Telecommunication Department of telecommunication,


para-military forces, power sector, oil
industry, railways
4 Broadcasting All India radio, Door darshan,
equipment and ( national radio & TV broadcasters)
studio system
5 Electronic voting Election commission of India
machine
6 Sonar products & Individual, private and government
system organisations
7 Turnkey system, Police, state government, public
E-governance sector under takings
network
8 Components All India radio and doora darshan the
national radio & TV broadcasters,
instrumentation industry, switching
industry entertainment industry,
telephone Industry

Ownership
As of September 2018, Bharat Electronics Limited is primarily owned by the
central government (66%), Mutual funds and UTI (14%), Foreign institutional
investors (6%), individual investors (5%) and insurance companies (4%).
Government of India (51.14%)Mutual Funds (24.43%)Foreign Portfolio Investors (15.73%)
Life Insurance Corporation (7.5%)Bank of Baroda (4%)

SWOC ANALYSIS
STRENTH

Strong R&D BASE- in-house as well as by close association with DRDO


Labs
 Well-established system & procedures Skilled, dedicated & motivated
work force.
 Compatibility to provide lifetime product support
WEAKNESS
 Low risk taking ability not proactive enough
 Lack of aggressive marketing
 Dependence on defence sector

OPPORTUNITIES
 System solution business
 Export through offset mechanism
 Strategic alliances

CHALLENGES
 Private sector participation in defence production Sourcing of
technology- non- availability & exorbitant cost
 Large number of international players

AWARDS
FINANCIAL DATA
INTERN EXPERIENCE REPORT
Finance (Military Radar)
It is the department where I get knowledge about bills
receivables, payables and costing. I learned something special
here everyday. All trainees are helped me a lot in clarifying
the doubts, also they provide career guidance. Good
communication relation with employees helps to build the
confidence. The department have best work environment.

LEARNING OUTCOME
Work culture
Employee relations
Leadership structure
Professionalism
Guidance
Improvement
Self evaluation
CONCLUSION
Internship provides a great deal, major advantages to the student or intern in
general
It reveals the student he real standard concerning his skill and competence on
the intellectuals scene it is also important to remind that the internship reveals to
the students various challenge and realities of the professional work in which he
will enter in coming days therefore, as future managers, they know hoe to plan
for future functioning of the organisation
I feel that without this opportunity, my own understanding of this subject and
also the motivation to acquire more knowledge would have remained
incomplete.
Well, regarding future scope I think my training has given me enough
motivation and an exposure that I will try to join defence services or get linked
up with the defence of the country.
“To know the technical know-how, industrial training is the best way to move
forward.”
NON-DEFENCE ITEMS
Overview: We develop products and solutions for The civilian markets through select SBUs.
We have a Dedicated SBU for Homeland Security and Smart City (HS&SC) business and
dedicated vertical for Medical Electronics and Solutions at Bengaluru unit given high Growth
opportunities
We have competencies in the core areas of
Electronic Voting Machine (EVM) & VVPAT, HS&SC, Software
Solutions/Services, Healthcare Solutions, Civil Aviation and
Solar Cells/Power Plants.

We have also diversified into providing Railway/Metro/


Airport Solutions, Space Electronics and systems, Electric
Vehicle charging infrastructure, Alternate Energy solutions,
Secure Communication solutions and Software
DEFENCE ITEMS
Overview: We develop a wide range of electronics Equipment, systems and services for the
Indian defence Services. These are manufactured at our nine plants having 24 strategic
business units (SBUs). Product competencies

We have strong domain knowledge and core competencies In Radar and Fire Control
Systems, Weapon Systems, Communication, Network Centric Systems (C4I), Electronic
Warfare Systems, Avionics, Anti-Submarine Warfare Systems & Sonars, Electro-Optics, Tank
Electronics, Gun Upgrades, Strategic Components. We have recently diversified into Arms &
Ammunitions, Seekers & Missiles, Network & Cyber Security and Unmanned Systems

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