Bengaluru. 04 February 2021. 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.
Mrs Anandi Ramalingam, Director (Marketing), BEL, and Mr Arun Ramchandani, Executive Vice President (Defence & Aerospace), L&T, have signed the MoU documents.
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.