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Tejas Networks signs MoU with Bharat Electronics

26 Nov 2019 Evaluate

Tejas Networks has signed a Memorandum of Understanding (MoU) with Bharat Electronics (BEL), India’s premier defence solution provider. The MoU envisages strategic cooperation, covering the use of Tejas’ optical transmission, access and data-switching products for domestic & export markets by jointly capitalising on the emerging opportunities in defence communication, strategic communication, smart city, homeland security, metro and state network projects under the ‘Make-in-India’ program.

The company has recently received purchase orders totalling over Rs 60 crore from BEL, towards supply and services of its optical and data networking equipment for various projects won by BEL, which includes the Kerala Fibre Optic Network, defence communication networks and smart city projects.

Tejas Networks designs, develops and sells high-performance and cost-competitive networking products to telecommunications service providers, internet service providers, utilities, defence and government entities.

Peers
Company Name CMP
Black Box 831.35
ITI 255.20
Tejas Networks 516.95
Quadrant Televenture 0.82
Valiant Communicatns 1427.75
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