Ministry of Defence
INDIAN NAVY SIGNS MoU WITH BEML LTD.
Indian Navy and BEML Ltd. join forces to drive indigenisation of marine equipment and systems
Posted On:
21 AUG 2024 11:57AM by PIB Delhi
In a major push towards indigenisation of critical Marine Engineering equipment of the Indian Navy. BEML Ltd., a ‘Schedule A’ company under the Ministry of Defence and one of India’s leading Defence and Heavy Engineering manufacturers has signed a Memorandum of Understanding (MoU) with the Indian Navy on 20 Aug 24.
The MoU was concluded at the Naval Headquarters at New Delhi between Rear Admiral K Srinivas, ACOM(D&R), Indian Navy and Shri Ajit Kumar Srivastav, Director of Defence, BEML. This initiative is a pivotal step in enhancing bilateral cooperation for indigenous design, development, manufacture, testing and product support of critical Marine Engineering equipment and systems.
Aligned with the Government of India’s Aatmanirbhar Bharat initiative, the partnership aims to strengthen self-reliance in defence production and reduce dependence on foreign OEMs.
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(Release ID: 2047188)
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