Friday, 13 April 2018

BEL signs MoU with Mahindra Defence Systems


CHENNAI, INDIA, April12, 2018 -  Bharat Electronics Limited and Mahindra Defense Systems Ltd. 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 Defense to target the export market.

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

Speaking on the occasion Mr SP Shukla, Group President, Aerospace &Defense Sector, Mahindra Group and Chairman, Mahindra Defense, said, “Both BEL and Mahindra Defense 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.”

Mr 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 defense systems and products  We are confident that the two of us will work together to contribute to indigenous defense production.”

Mrs Anandi Ramalingam, Director (Marketing), BEL and Mr N Raveeswaran, Head, Strategic Business Partnerships, Aerospace and Defense, Mahindra Defense, signed the MOU documents in the presence of Mr M V Gowtama, CMD, BEL, and Mr SP Shukla, Group President, Mahindra Group.

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