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Bharat Heavy Electricals signs MoU with Bharat Electronics

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Capital Market

For collaborating on products for defence and non-defence applications

Bharat Heavy Electricals (BHEL) has signed a memorandum of understanding (MoU) with Bharat Electronics (BEL) during DEFEXPO 2020 at Lucknow on 06 February 2020.

The MoU aims at leveraging the complementary strengths and capabilities of BHEL and BEL to develop and market Products, Systems and Sensors for Defence and Non-Defence applications. The MOU will also enable BHEL and BEL to make joint efforts to explore markets for products individually developed or jointly developed by both companies.

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First Published: Feb 07 2020 | 11:22 AM IST

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