ET Prime special series: Bigger or Better? Bharat Electronics’ 2013 to 2026 journey – Part 2
The Economic Times » ET Prime
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In Part 1 we found that BEL's profit stopped coming from its bank account and started coming from its factories. Part 2 asks the harder question: India's defence sector was rebuilt by policy over these 13 years, so how much of BEL's growth was the company, and how much was the tide? The answer is uncomfortable in one place and reassuring in another.
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