The cooperation between the two organisations is aimed to leverage on ‘Make in India’ initiative for increased value addition within the country in development/manufacturing and long-term support for defence and export business in identified areas/projects/programs, thus synergising their combined strengths.
Jayant D. Patil, Whole-time Director (Defence) and Member of L&T Board, said, “This MoU paves the way for Public-Private sector partnership between two industry leaders. By synergising capabilities of each other in system design and integration, manufacturing and marketing, the companies look forward to enhancing product range, evolve new products and improve business prospects.”
BEML and L&T have collaborated and partnered on co-development and production of significant sub-systems involving complex technologies and advanced engineering equipment such as Sarvatra Bridging Systems and various other vehicular platform-based systems for the Indian MoD.
