-1.35 (-0.33%) Bharat Electronics (BEL) has signed a Memorandum of Understanding (MoU) with Sigtech Wireless Technologies for the manufacture of Digital Mobile Radio (Tier II) for Paramilitary and Defence. The design and development of Digital Mobile Radio, as per ETSI standards, has been carried out by Sigtech Wireless Technologies in India.
BEL is a multi-product, multi-technology, multi-unit conglomerate with over 350 products in the areas of military communication, radars, naval systems, C4I systems, weapon systems, homeland security, telecom & broadcast systems, electronic warfare, tank electronics, electro-optics, professional electronic components and solar photovoltaic systems.