Indian Defence PSU Bharat Electronics Ltd (BEL) has entered into an MoU with Munitions India Limited (MIL), to jointly address the Indian requirements in the areas of ammunition, explosives and related systems. Both companies will also target export markets
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 and 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, etc.Image Caption: Bhanu Prakash Srivastava, Director (Other Units), BEL, and S K Rout, Director (Operations), MIL, exchanging MoU documents at Defexpo in the presence of Ravi Kant, CMD, MIL, Joydeep Majumder, Executive Director, BEL and other senior officers of BEL and MIL.
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