Question

In which year, The Electronics Corporation of India Ltd. was set up?
A. 1962
B. 1868
C. 1967
D. 1973

Answer 1

Hint: Electronics Corporation of India Limited (ECIL) is a leading enterprise electronic department under the Department of Atomic Energy. It plays an important and crucial role in the development of the country.

Complete answer: ECIL was established on 11 April 1967 founded by A. S. Rao at Hyderabad, to build a powerful indigenous base in electronics. Electronic corporations India is a multi-product, multi-disciplinary organization with a priority on indigenous Nuclear energy, space, and Defence categories. ECIL also has a strong dignity in indigenous Electronic Security, Communications, Networking, and e-governance domains. ECIL has committed coalitions with nuclear energy establishments of India, especially the Bhabha Atomic Research Center. ECIL also actively promotes other strategic areas such as Defense Indian Ordnance Factories, Defense Research, and Development Organization, Civil Aviation, Information and Broadcasting, Telecommunications, Insurance, Banking, Police and Paramilitary Forces, Oil, Gas, Power, Agriculture, Steel, and Coal. Its headquarters is in Hyderabad, India. The total Revenue is INR 13.08 billion (US 180 million dollars) and due to high demand, its Net income is INR 0.52 billion. By making the profit, the Total assets are INR 24.08 billion and the Total equity is INR 7.14 billion.

Thus, Option (C) is correct.

Note:Electronics Corporation of India Limited is a dominating Public Sector. A company with a turnover of 1500 Crores fascinated in the area of Strategic Electronics with thrust on innovation & indigenization. ECIL has adapted into sectors such as Nuclear, Defense, Security, Aerospace, Information & Technology, Telecom, and e-Governance. ECIL has a close alliance with national R&D laboratories as well as educational Institutes and has been involved in projects of national importance.