New Delhi: Srinivasulu Nuka is set to be new Director (Finance) of Bharat Dynamic Limited (BDL), a Miniratna PSU under the Ministry of Defence. Nuka was recommended for the post of Director (Finance) by a Public Enterprises Selection Board (PESB) panel on Tuesday. He is currently serving as General Manager in the same organisation.
Nuka was recommended for the post of Director (Finance) of BDL from a list of six candidates, who were interviewed by the selection panel. A total of two candidates who were on the list were from Rashtriya Ispat Nigam Ltd (RINL) and others were from Mazagon Dock Shipbuilders Limited (MDSL), Goa Shipyard Limited (GSL) and Gujarat State Electricity Corporation Limited.
Bharat Dynamics Limited (BDL) is a manufacturer of ammunitions and missile systems. It was founded in 1970 in Hyderabad, Telangana. BDL was established in the year 1970 as a manufacturing base for guided weapon systems. Begun with a pool of engineers drawn from Indian Ordnance Factories, DRDO and aerospace industries, BDL began by producing a first-generation anti-tank guided missile – the "French SS11B1." This product was a culmination of a licence agreement the government entered into with Aerospatiale. BDL has three manufacturing units, located at Kanchanbagh Hyderabad (Telangana), Bhanur, Medak district of Telangana and Visakhapatnam (Andhra Pradesh).
Two New Units are planned at Ibrahimpatnam, Ranga Reddy district, Telangana and Amravati, Maharashtra.