BEL, Mahindra Sign MOU To Tap Opportunities In Indian Defence Market

  • Our Bureau
  • 02:29 PM, April 12, 2018
  • 3947
BEL, Mahindra Sign MOU To Tap Opportunities In Indian Defence Market
BEL-Mahindra Defence MOU signing

Bharat Electronics Limited (BEL) and Mahindra Defence Systems Limited signed an MoU to jointly address emerging opportunities in the domestic market under the policy initiatives of the Government of India, like Make in India and the Export Promotion Policy of the Ministry of Defence to target the export market.

Anandi Ramalingam, Director (Marketing), BEL, and N Raveeswaran, Head, Strategic Business Partnerships, Aerospace and Defence, Mahindra Defence, signed the MoU documents in the presence of M V Gowtama, CMD, BEL, and S P Shukla, Group President, Mahindra Group, during the on-going DefExpo 2018.

BEL has the expertise in design, development, engineering, manufacture of Radar & Weapon Systems, NCS and Communications systems, Electronics Warfare & Avionics, Naval Systems, Electro-optics products, Tank Electronics & Gun Systems, Satcom systems, Strategic Components and select Civilian products, while Mahindra Defence has the expertise in manufacture, maintenance of Defence equipment, Light Military Vehicle, Armoured Vehicles, Aerospace / Aviation Platforms, Simulators, Electronics, Airborne Equipment, Naval Equipment and materials for Defence sector.

S P Shukla, Group President, Aerospace & Defence Sector, Mahindra Group and Chairman, Mahindra Defence, said, “Both BEL and Mahindra Defence are world-class engineering companies. To give one example, together we have capabilities in mobility, survivability, lethality, electronics and communications, making us ideal partners for new development as well as for upgrade of in service combat vehicles. This partnership can be grown not only to meet the requirements of the Indian Armed Forces but also to target exports to other friendly countries.”

Gowtama, CMD, BEL, said, “We are pleased to come together. We are keen to bring to the table our in-house expertise as well as technical know-how to the current and future design of new generation defence systems and products We are confident that the two of us will work together to contribute to indigenous defence production”.

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