Indian state-owned defence enterprise, Bharat Electronics Ltd (BEL) signed a Memorandum of Understanding (MoU) with JSR Dynamics Pvt Ltd (JSR), a Nagpur-based start-up Company, at Aero India 2019 in Bengaluru on Feb. 20.
The MoU aims at leveraging the individual design and manufacturing capabilities of BEL and JSR to develop weapons and light weight cruise missiles, which have business potential in both the domestic and international markets. Anandi Ramalingam, Director (Mktg) at BEL, and Air Marshal (Retd) S. B. Deo, Managing Director of JSR Dynamics Pvt Ltd, signed the MoU in the presence of M. V. Gowtama, CMD of BEL, Directors and other senior officers of BEL.
BEL has, as part of the Government of India’s Start-up India Initiative, been extending its support to start-up Companies.
BEL, India’s leading Defence electronics Company, is engaged in the design, manufacture and supply of state-of-the-art Radars, Missile Systems, Military Communications, Naval Systems, Electronic Warfare & Avionics, C4I Systems, Electro Optics, Tank Electronics & Gun / Weapon System Upgrades, Solar Systems, Electronic Components and civilian products like Electronic Voting Machine and Point of Sale device.
JSR is engaged in the design of ground-based and air-based weapons. Among its many products are Glide Weapons, Light Weight Cruise Missiles and allied sub-assemblies and components. With a wide array of world-class products, JSR stands out as a shining example of a Defence start-up.