BEL signs MoU with AVNL (AVANI)Bengaluru. 18 November 2022, Defence PSU Bharat Electronics Ltd (BEL) has signed an MoU with Armoured Vehicles Nigam Limited (AVNL/AVANI), a Defence PSU, to jointly address the requirements of Indian Defence and Export markets. The MoU aims at leveraging the complementary strengths and capabilities of BEL and AVNL (AVANI) to address domestic and export opportunities in the areas of Combat Vehicles, Main Battle Tanks (MBTs), Infantry Fighting Vehicles (IFVs), Armored Fighting Vehicles (AFVs) and related systems.

Dinesh Kumar Batra, then CMD, BEL, and A N Srivastava, CMD, AVNL/AVANI,
exchanged the MoU signed between BEL and AVANI at Defexpo 2022, in the presence
of Bhanu Prakash Srivastava, Director (Other Units), BEL, Sanjay Dwivedi,
Director (Operations), AVNL, Manoj Jain, Director (R&D), BEL,  Manoj Kumar,
Executive Director, BEL, and other senior officers of BEL and AVANI.