BEL signs MoU with Mahindra Defence Systems
CHENNAI, April 13, 2018:At DefExpo 2018 being held at Chennai,Bharat Electronics Limited (BEL) and Mahindra Defence Systems Limited committed to a long-term partnership through a 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.
BEL has the expertise indesign, development, engineering, manufacture of Radar & Weapon Systems,NCS and Communications systems, Electronics Warfare & Avionics, NavalSystems, Electro-optics products, Tank Electronics & Gun Systems, Satcomsystems, Strategic Components and select Civilian products, while Mahindra Defence has the expertise inmanufacture, maintenance of Defence equipment, Light Military Vehicle, ArmouredVehicles, Aerospace/Aviation Platforms, Simulators, Electronics, AirborneEquipment, Naval Equipment and materials for Defence sector.
Mr SP Shukla,Group President, Aerospace &DefenceSector, Mahindra Group and Chairman,Mahindra Defence, said, “Both BEL and Mahindra Defence are world-classengineering companies. To give oneexample, together we have capabilities in mobility, survivability, lethality,electronics and communications, making us ideal partners for new development aswell as for upgrade of in service combat vehicles. This partnership can be grown not only tomeet the requirements of the Indian Armed Forces but also to target exports to otherfriendly countries.”
MrGowtama, CMD, BEL, said, “We are pleased to come together. Weare keen to bring to the table our in-house expertise as well as technicalknow-how to the current and future design of new generation defence systems andproducts We are confident that the twoof us will work together to contribute to indigenous defence production.”
Mrs AnandiRamalingam, Director (Marketing), BEL,andMrN Raveeswaran, Head, Strategic Business Partnerships, Aerospace and Defence, MahindraDefence,signed the MoU documents in the presence of MrM V Gowtama,CMD, BEL, andMr SP Shukla, Group President, Mahindra Group.