Bengaluru/New Delhi:Â Defence PSU Bharat Electronics Ltd (BEL) July 2023 signed a tripartite MoU with joint stock company Rosoboronexport, Russia, and MSK Business Solutions Pvt. Ltd. for co-operation in the licensed production and supply of indigenised ammunition: 30 mm ammunition (HEI & HET), 40 mm ammunition (VOG-25) and 30 mm grenade ammunition (VOG-30 D).
The MoU aims at leveraging the complementary strengths and capabilities of BEL and Rosoboronexport. It will enable the indigenisation of ammunition, as required by the Indian Army, in line with the Government of India’s ‘Make in India’ and ‘Aatmanirbhar Bharat‘ initiatives.
K V Suresh Kumar, Director (Marketing), BEL, and Viacheslav V Kozlov, Deputy Director General, Rosoboronexport, signed the MoU documents in Delhi on July 23, 2024 in the presence of Anuj Gupta, Chairman and Managing Director, MSK Business Solutions Pvt Ltd, and GMs of BEL.