NEW DELHI: At Aero India 2021, Navratna Defence PSU Bharat Electronics Limited (BEL) and Larsen & Toubro Limited (L&T) announced an memorandum of understanding (MoU) to continue to cooperate in addressing the needs of the evolving domestic and export markets for Defence products and systems.
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.
Anandi Ramalingam, Director (Marketing), BEL, and Arun Ramchandani, Executive Vice President (Defence & Aerospace), L&T, have signed the MoU documents.
