Bharat Heavy Electricals (BHEL) has signed a Memorandum of Understanding (MoU) with Bharat Electronics (BEL) during DEFEXPO 2020 at Lucknow on February 06, 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.
BHEL is India’s largest engineering and manufacturing company of its kind. It is a power plant equipment manufacturer and operates as an engineering and manufacturing company.
