-3.85 (-0.93%) Bharat Electronics (BEL) has entered into a memorandum of understanding (MoU) with BPL Medical Technologies for co-operation in the field of medical products and solutions to provide affordable health care for the country and also to leverage the policy initiatives of the Indian Government, such as Make in India.
BEL and BPL Medical Technologies are inclined to co-operate and work together pursuant to which necessary manufacturing ToT and License Grant shall be made to BEL by BPL Medical to enable manufacture and sale of Patient Monitoring Systems and C-ARM Surgical Imaging System.
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.