In a major push towards indigenisation of critical Marine Engineering equipment of Indian Navy, BEML Ltd, a ‘Schedule A’ Company under MoD and one of India’s leading Defence and Heavy Engineering manufacturers, has signed a Memorandum of understanding MoU with Indian Navy on 20 August 2024. MoU was concluded at NHQ Delhi between Rear Admiral K Srinivas, Indian Navy and Shri Ajit Kumar Srivastav, Director of Defence, BEML. This initiative is a pivotal step in enhancing bilateral cooperation for indigenous design, development, manufacture, testing and product support of critical Marine Engineering equipment and systems. Aligned with GoI’s Aatmanirbhar Bharat initiative, the partnership aims to strengthen self-reliance in defence production and reduce dependence on foreign OEMs.
