Bharat Forge signs MoU with BEL
Bengaluru: At Aero India 2019, Bharat Forge Limited (BFL) and Bharat Electronics Limited (BEL) 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.
Col Rajinder Singh Bhatia, President & CEO (Defence & Aerospace), Bharat Forge, signed the MoU documents with Anandi Ramalingam, Director (Marketing), BEL in the presence of Baba Kalyani, Chairman and Managing Director, Bharat Forge, and other senior officers of BEL and Bharat Forge.
The MoU will also enable Bharat Forge and BEL 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.
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.
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.