BEL signs MoU with L&T
At Aero India 2021 today, Navratna Defence PSU Bharat Electronics Limited (BEL) and Larsen & Toubro Limited (L&T) announced an MoU to continue to cooperate in addressing the needs of the evolving domestic and export markets for Defence products and systems. The MoU seeks to leverage capabilities of both the firms through strategic alignment, enhancing indigenisation content and collaboration using high-end and advanced technologies to meet domestic needs and enhance export prospects.
Mrs Anandi Ramalingam, Director (Marketing), BEL, and Mr Arun Ramchandani, Executive Vice President (Defence & Aerospace), L&T, have signed the MoU documents.
About Bharat Electronics Limited (BEL):
BEL is a multi-product, multi-technology, multi-Unit conglomerate having products in the areas of Radars, Missile Systems, Military Communications, Naval Systems, Electronic Warfare & Avionics, C4I Systems, Electro Optics, Tank Electronics & Gun/Weapon System Upgrades and Electronic Fuzes in the Defence segment. BEL’s non-Defence business segment includes areas such as Electronic Voting Machines, Homeland Security & Smart Cities, Solar, Satellite Integration & Space Electronics, Railways, AI, Cyber Security, Software as a Service, Energy Storage Products, besides Composite Shelters & Masts.
About Larsen & Toubro Limited (L&T):
Larsen & Toubro is an Indian multinational engaged in EPC Projects, Hi-Tech Manufacturing and Services with over USD 21 billion in revenue. It operates in over 30 countries worldwide. A strong, customer–focused approach and the constant quest for top-class quality have enabled L&T to attain and sustain leadership in its major lines of business for eight decades.