BEL, Bharat Forge ink pact for strategic co-operation.

Bharat Electronics Limited (BEL), and Bharat Forge Limited (BFL) signed an MoU for strategic co-operation in the field of defence and aerospace products/systems to capitalise on the emerging opportunities in the domestic market, leveraging the policy initiatives of the government such as Make in India.

The MoU will also enable BEL and Bharat Forge to make efforts to seize the opportunities available in the global markets for export of defence products/systems produced, leveraging on the Export Promotion Policy of the Ministry of Defence.

Anandi Ramalingam, Director (Marketing), BEL, and Rajinder Singh Bhatia, President & CEO (Defence & Aerospace), Bharat Forge, signed the MoU documents in the presence of Baba Kalyani, Chairman and MD, Bharat Forge.

HBL