Indian Navy, BEML join forces to drive indigenisation of marine equipments

New Delhi: In a major push towards indigenisation of critical marine engineering equipment of the Indian Navy, BEML Limited has signed a memorandum of understanding (MoU) with the Indian Navy on August 20.

PSU Watch is now on Whatsapp Channels. Click here to join

The MoU was concluded at the Naval Headquarters at New Delhi between Rear Admiral K Srinivas, ACOM (D&R), Indian Navy and Ajit Kumar Srivastav, Director of (Defence) of 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.

(PSU Watch– India's Business News centre that places the spotlight on PSUs, Bureaucracy, Defence and Public Policy is now on Google News. Click here to follow. Also, join PSU Watch Channel in your Telegram. You may also follow us on Twitter here and stay updated.)