A cadre of former students from the prestigious Indian Institutes of Technology (IIT) is making waves across top companies in the country. Many of these individuals commenced their careers at mid-level positions and, through sheer talent and hard work, have ascended to prominent leadership roles within these companies. Notably, a few are even contributing their expertise to government-backed enterprises.
One such luminary is Bhanu Prakash Srivastava, presently serving as the Chairman and Managing Director of Bharat Electronics Limited (BEL). This company operates in aerospace and defense electronics and falls under the Ministry of Defence of India, GOI. Srivastava’s recent appointment added the roles of Chairman and Managing Director (CMD) and Director (Marketing) of BEL to his responsibilities since November 2022. Additionally, since April 20, 2022, he has also held the position of Director for other units within BEL. Srivastava holds a Bachelor’s degree in Mechanical Engineering from IIT-BHU and boasts an MBA in Marketing.
His journey with BEL began in August 1986, and during his tenure, he spent three years at BEL’s New York Regional Office, gaining valuable insights into international business. Over 36 years, Srivastava garnered extensive experience in diverse functions like Manufacturing and Project Management. As of December 22, BEL commands a market capitalisation of Rs 1,28,000 crore.
Before his recent elevation to the Board, Srivastava served as the General Manager of the Advanced Defence Systems-Navy (ADSN) Strategic Business Unit at BEL’s Bangalore Complex. Throughout his senior management roles at BEL, Srivastava has played a pivotal role in driving sustained business growth and profitability. His contributions span various areas, including Radio and data equipment and Military and Telecom Switching Equipment. Notably, the company announced it secured orders worth Rs 2,673 crore from Goa Shipyard Ltd and Garden Reach Shipbuilders & Engineers Ltd.
These IIT alumni, including Srivastava, stand as shining examples of excellence and dedication, demonstrating how diligence and expertise can propel individuals to the helm of India’s leading companies.