Indian state-owned defence major, Bharat Electronics Limited (BEL) and Bharat Forge Limited (BFL) entered into an MoU for strategic co-operation in the field of Defence and aerospace products / systems to jointly capitalise on the emerging opportunities in the domestic market, leveraging the policy initiatives of the Indian Government such as Make in India, at Aero India 2019 in Bengaluru.
The MoU will also enable BEL and Bharat Forge to make joint efforts to seize the opportunities available in the global markets for export of Defence products / systems produced by the individual companies or jointly developed and produced by the two companies, leveraging on the Export Promotion Policy of the Ministry of Defence, Government of India.
BEL has expertise in the design, development, engineering and manufacture of Radar & Weapon Systems, NCS and Communications systems, Electronic Warfare & Avionics, Naval Systems, Electro-optics products, Tank Electronics & Gun Systems, Satcom Systems, Homeland Security & Smart City solutions, Strategic Components and select non-Defence products.
Bharat Forge is the flagship company of the Kalyani Group and a global provider of high performance, innovative, safety & critical components and solutions to various industrial sectors including Defence, Aerospace, Automotive, Railways, Power, Construction & Mining, Marine and Oil & Gas. In its Defence profile, Bharat Forge has expertise in design, development, engineering and manufacturing in systems and sub-systems space for Artillery Guns, Armoured Fighting Vehicles, Protected Vehicles, Ammunition, Defence Electronics and Small Arms.
Mrs Anandi Ramalingam, Director (Marketing), BEL, and Mr Rajinder Singh Bhatia, President & CEO (Defence & Aerospace), Bharat Forge, signed the MoU documents in the presence of other senior officers of BEL and Bharat Forge.