Bengaluru-based Bharat Electronic Limited (BEL) has begun manufacturing 30,000 ventilators for intensive care units across the country
Existing defence orders in execution stage to remain BEL's earning drivers, while BEML to also gain from railway projects
Dependent on defence capex, the company is also unlikely to be impacted by coronavirus-led disruption
BHEL, BEL to develop products for defence, non-defence applications
The government currently holds 74.41%