![]() Online edition of India's National Newspaper Wednesday, Apr 11, 2007 ePaper |
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Andhra Pradesh
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Hyderabad
Special Correspondent
HYDERABAD: The Electronics Corporation of India Limited (ECIL) has achieved a gross turnover of Rs.1,017 crores and a profit before tax of about Rs.120 crores during 2006-07, registering a 45 per cent growth in sales over the previous year, Chairman and Managing Director K. S. Rajasekhara Rao said at a press conference here on Tuesday. Growth rate ranging from 25 to 50 per cent was expected in 2007-08, as orders worth Rs.500 crores were on hand and another Rs.800 crores were in the pipeline. The company had earmarked Rs.60 crores for capital expenditure. Outlining some of the recent achievements, he said the company had delivered a 32-metre diameter antenna deep space network programme to the Space Department for Chandrayan project. Similarly, it was supplying solid state cockpit voice recorder (black box) to Air Force and Navy and exported 8,000 electronic voting machines (EVMs) to Bhutan. Orders were also received from South Africa for EVMs. He said that ECIL, BEL and ITI were involved in a pilot project for producing two million multi-purpose national identity cards for citizens. It would be completed by July-end. ECIL had also provided integrated security systems to Parliament in the wake of the terrorist attack on December 13, 2001, as also to Prime Minister's residence and key installations.
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