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Bengaluru, February 12, 2025: Navratna Defence PSU Bharat Electronics Limited (BEL), Mitsubishi Electric Corporation (Mitsubishi Electric), Tokyo, Japan, and MEMCO Associates India Private Limited (MEMCO), Bengaluru, have signed a tripartite MoU to collaborate and explore business in select domains of Defence and Space.
The MoU, announced at Aero India 2025, is envisaged to exploit business opportunities with Mitsubishi Electric in contract manufacturing and supply of customised components for Defence and Space domains such as Radars, Electronic Warfare systems and Space Situational Awareness. The collaboration will give a boost to indigenous manufacturing in India, in line with the Government’s vision of an Atmanirbhar Bharat.
The MoU will leverage the complementary strengths of BEL and Mitsubishi Electric, explore Transfer of Technology, increasing cost-effectiveness of products and various other means to develop and supply state-of-the-art products and solutions for Indian, Japanese and international markets.