Bengaluru, November 15, 2022: Navratna Defence PSU Bharat Electronics Ltd (BEL) has signed an MoU with Defence PSU Hindustan Shipyard Limited (HSL) to carry out joint development, manufacturing and product upgrades of identified products / systems and to capitalise on the emerging opportunities in the domestic Defence, non- Defence and Export markets.
About HSL
Hindustan Shipyard Ltd is a premier shipbuilding organisation under the Ministry of Defence catering to the needs of shipbuilding, ship repairs, submarine construction and refits as well as design and construction of offshore and onshore structures. In the year of Azadi ka Amrit Mahotsav, HSL has earned the rare distinction of completing construction of 200 vessels and repairs of 2,000 ships, since the launch of its first ship, Jala Usha, in 1948.
About BEL
Bharat Electronics Ltd (BEL) is a Navratna DPSU under the Ministry of Defence, Government of India, established in 1954 at Bengaluru, to cater to the strategic needs of the Indian Defence services. Over the years, BEL has grown into a multi- product, multi-technology, multi-unit company engaged in the design, development, manufacturing, supply and support of a wide range of Defence electronics products, systems, strategic components, services and select non-defence products, servicing the needs of customers in India and abroad.
BEL has a strong presence in Radar and Fire Control Systems, Weapon Systems, Communication, Network Centric Systems (C4I), Electronic Warfare Systems, Avionics, Anti-Submarine Warfare Systems & Sonars, Electro-Optics, Tank Electronics, Homeland Security, Gun Upgrades, Strategic Components, etc. BEL has been continuously striving to expand its solutions for the Non-Defence domain like EVMs, Renewable Energy, Energy Storage products, Smart Cities, Jammers, Software, etc. Further, BEL has diversified into Arms & Ammunitions, Seekers & Missiles, Unmanned Systems, Network & Cyber security, Medical Electronics, Space Electronics, EV, Railway/Metro and Civil Aviation to address emerging opportunities.