BEL signs MoU with JSR Dynamics for glide weapons, light weight cruise missiles

Navratna Defence PSU Bharat Electronics Ltd (BEL) signed an MoU with JSR Dynamics (JSR), a Nagpur-based start-up company, at Aero India 2019 in Bengaluru.
The MoU aims at leveraging the individual design and manufacturing capabilities of BEL and JSR to develop weapons and light weight cruise missiles, which have business potential in both the domestic and international markets. Anandi Ramalingam, director (marketing), BEL, and Air Marshal (Retd) S B Deo, MD, JSR Dynamics, signed the MoU in the presence of MV Gowtama, CMD, BEL, directors and other senior officers.
BEL has, as part of the government of India’s Start-up India Initiative, been extending its support to start-up companies.