Bharat Electronics Limited (BEL) signs MoU with SASMOS HET Technologies to boost indigenous defence manufacturing

Key facts

• Bharat Electronics Limited (BEL) signed an MoU with SASMOS HET Technologies Limited to strengthen indigenous defence manufacturing capabilities.
• The MoU was exchanged between BEL chairman and managing director Manoj Jain and SASMOS chairman and managing director H G Chandrashekar in the presence of Defence Minister Rajnath Singh.
• The collaboration will focus on localising critical components, increasing domestic value addition and strengthening production capabilities as well as exports.
• The MoU covers high-reliability photonics and fibre optic systems, avionics and mission-critical electronic systems, aerospace-grade interconnect solutions, electro-mechanical assemblies and sub-systems for airborne, naval and land-based platforms.
• The partnership aligns with the government’s Atmanirbhar Bharat and Viksit Bharat initiatives aimed at strengthening domestic manufacturing and defence supply chains.
• BEL shares ended trading 2% higher at ₹469.60 on the NSE and have given a YTD return of 18%.