BEL signs tripartite agreement with Mitsubishi Electric and MEMCO for indigenous manufacturing in India
The collaboration will give a boost to indigenous manufacturing in India, in line with the Government’s vision of an Atmanirbhar Bharat.
BEL signs tripartite agreement with Mitsubishi Electric and MEMCO for indigenous manufacturing in India
Navratna Defence PSU Bharat Electronics Limited (BEL), Mitsubishi Electric Corporation (Mitsubishi Electric), Tokyo, Japan, and MEMCO Associates India Private Limited (MEMCO), Bengaluru, have signed a tripartite MoU to collaborate and explore business in select domains of Defence and Space.
The MoU announced at Aero India 2025, is envisaged to exploit business opportunities with Mitsubishi Electric in contract manufacturing and supply of customized components for Defence and Space domains such as radar, Electronic Warfare systems, and Space Situational Awareness.
The collaboration will give a boost to indigenous manufacturing in India, in line with the Government’s vision of an Atmanirbhar Bharat.
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The MoU will leverage the complementary strengths of BEL and Mitsubishi Electric, explore the Transfer of Technology, increase the cost-effectiveness of products, and various other means to develop and supply state-of-the-art products and solutions for Indian, Japanese, and international markets.
In addition, Bharat Electronics Ltd (BEL) has signed an MoU with Godrej & Boyce Manufacturing Company Ltd, Mumbai, for cooperation in various platforms of Defence.