Navratna Defence PSU Bharat Electronics Ltd (BEL) has signed an MoU with Munitions India Limited (MIL), a Defence PSU, to jointly address the requirements of Indian Defence and Export markets in the areas of Ammunition, Explosives and related systems.
Mr Bhanu Prakash Srivastava, Director (Other Units), BEL, and Mr S K Rout, Director (Operations), MIL, exchanged the MoU documents at Defexpo today in the presence of Mr Ravi Kant, CMD, MIL, Mr Joydeep Majumder, Executive Director, BEL and other senior officers of BEL and MIL.
The MoU aims at leveraging the complementary strengths and capabilities of BEL and MIL and strengthens the spirit of the Make In India initiative of Government of India, for achieving self-reliance in Defence Sector. The co-operation will enable the companies to jointly address the domestic and Export opportunities in the areas of Ammunition, Explosives and related systems and sub systems.
MIL is a DPSU under Department of Defence Production, Ministry of Defence, Government of lndia. MIL, India’s largest manufacturer & market leader, is engaged in the design, development and manufacture of various types of ammunition and explosives including Small, Medium and High Caliber ammunition, Mortars, Rockets, Hand Grenades, High Explosives, Propellants, Initiathe tory Compositions etc.
