BEML said it has signed an agreement with Mazagon Dock Shipbuilders to develop technologies for the marine industry. The signing ceremony was held at BEML's Delhi office.
The state-owned said it intends to leverage the opportunity to expand its expertise into the marine sector. "BEML and Mazagon Dock Shipbuilders Ltd (MDL) have entered into a strategic Memorandum of Understanding (MoU) to jointly advance research and development in cutting-edge technologies for marine applications," the company said in a statement.
As part of the MoU, BEML will provide technical support for the design and manufacturing of strategic equipment, specifically suited for marine applications, while MDL will make dedicated facilities available to BEML's research team, facilitating the development, testing and validation of innovative technologies and systems.
Together, the two companies aim to drive innovation and deliver cutting-edge solutions, aligning with India's vision of Atmanirbhar Bharat (self-reliant India) and strengthening the nation's maritime capabilities.
"The collaboration underscores our commitment to reducing dependency on imports for the defence forces while strengthening our manufacturing capabilities and contributing to India's self-reliance in the defence and maritime domain,” BEML CMD Shantanu Roy said.
“This collaboration emphasizes BEML’s commitment to strengthening its research capabilities and driving innovation in the defence and maritime domain. By combining its proven engineering expertise with MDL's deep knowledge of shipbuilding, the partnership seeks to capitalize on emerging opportunities in the marine sector and contribute to India’s vision of “Aatmanirbhar Bharat” and technological self-reliance in critical defence technologies,” a statement from BEML read.
