BEL Support for Start-up in Line with Government Initiative
At Aero India in Bengaluru on 20 February, Bharat Electronics Limited (BEL) and JSR Dynamics Pvt Ltd (JSR), a Nagpur-based start-up company, signed a Memorandum of Understanding (MoU) covering the manufacture and marketing of air-launched glide weapons and light cruise missiles.
The MoU seeks to leverage the individual design and manufacturing capabilities of both companies to develop weapons and light-weight cruise missiles, which have business potential in both the domestic and international markets. Mrs Anandi Ramalingam, Director (Marketing), BEL, and Air Marshal (Retd) S B Deo, Managing Director, JSR, signed the MoU in the presence of Mr M V Gowtama, Chairman and Managing Director of BEL, and other senior officials.
BEL has, as part of the Government of India’s ‘Start-up India’ initiative, been extending its support to start-up companies. BEL’s expertise lies in the design, development, engineering and manufacture of radars, weapon systems, network-centric and communications systems, electronic warfare and avionics, naval systems, electro-optics, tank electronics and gun systems, satcom systems, homeland security and smart city solutions, strategic components and select civilian products, such as lectronic voting machines and point-of-sale devices.
JSR is engaged in the design of ground-based and air-based weapons. Among its many products are glide weapons, light-weight cruise missiles and allied sub-assemblies and components. With a wide array of world-class products, JSR is an excellent example of an Indian defence start-up.