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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