The collaboration is expected to strengthen the supply chain for critical ammunition components and support quality assurance processes associated with defence procurement
BEML, however, reported its highest-ever revenue of Rs 4,351 crore and a closing order book of Rs 15,896 crore for FY 2025–26, and highlighted a 150% jump in R&D spend
The partnership aims to foster collaboration with startups, academia and MSMEs, while strengthening indigenous technological capabilities in the aerospace and defence sectors