Navaratna Defence PSU Bharat Electronics (BEL) has signed a MoU with Tamil Nadu Industrial Explosives Limited (TEL), a state-government undertaking of the Government of Tamil Nadu, for co-operation in the explosives segment where BEL is eyeing business growth, keeping in view its ongoing and upcoming ammunition programmes.
MoU was signed by Anandi Ramalingam, Director (Marketing), BEL, and C Kamaraj, IAS, CMD, TEL, on September 26, 2019, in the presence of Edappadi K Palaniswami, Hon’ble Chief Minister of Tamil Nadu, and M C Sampath, Hon’ble Minister for Industries, Government of Tamil Nadu.
BEL is investing for the upgradation of existing facilities and addition of new facilities, as well as setting up of a world-class centre of excellence for ammunition related technologies for both Defence and Aerospace requirements.
The strategic partnership with TEL will also boost BEL’s business opportunities in the explosives segment.
