New Delhi, NFAPost: Bharat Electronics Limited (BEL) and HFCL Limited (HFCL), a leading technology enterprise and provider of next-generation communication products, have signed a two-year, non-exclusive Memorandum of Understanding (MoU) to leverage the strengths and capabilities of both the organisations and partner to indigenously develop and deploy emerging technologies and technical solutions to address the requirements of Defence, Telecom and Railway sectors.
This strategic MoU is envisaged to give a boost to the ‘Atmanirbhar Bharat’ initiative and go a long way in realising the Government’s vision of a digital India.
As part of this MoU, BEL and HFCL shall pursue business opportunities, capitalising on their domain expertise, technological strengths and market presence to enhance the nation’s capabilities in Defence and contribute to the growth of telecommunications infrastructure and other critical, developing sectors. BEL and HFCL shall in this process explore options such as Transfer of Technology and joint production of mutually identified products and solutions.
BEL Director (Bangalore Complex) Vinay Kumar Katyal said as India undergoes a massive digital transformation with the rollout of 5G, rapid adoption of new-age technologies across sectors has become imperative.
“With this tectonic shift in the telecommunication industry, the Indian Government has prioritised its focus on initiatives such as acceleration of the implementation of 5G network, nationwide fiberisation and promoting participation in the PLI scheme. We believe that our partnership with HFCL will certainly play a crucial role in meeting the Government’s target of building state-of-the-art technology architecturem” said BEL Director (Bangalore Complex) Vinay Kumar Katyal.
BEL Director (Bangalore Complex) Vinay Kumar Katyal said BEL domain expertise in Defence combined with HFCL’s cutting-edge solutions will enable us to actively contribute to the Government’s vision of a digital India and help establish India as a prominent global manufacturing hub.
Elaborating on the strategic partnership, Mr Mahendra Nahata, Managing Director of HFCL said, “We are honoured to enter into this strategic alliance with one of India’s largest DPSUs, Bharat Electronics Limited, and extend our support to the Government’s ‘Make in India’ initiative.
Under the MoU, both the organisations will leverage their combined leadership and expertise in developing and manufacturing innovative products, solutions and technological capabilities to address the opportunities across sectors including Defence, Telecom and Railways. With our strong focus on R&D, we aim to strengthen India’s Defence capabilities and make India a global manufacturing hub for Defence, Telecom, communication and networking products.”
About BEL
Navratna PSU Bharat Electronics Limited (BEL) was established in 1954 under the Ministry of Defence, GoI, with a farsighted vision to make the country self-reliant in Defence electronics. Today, BEL is a multi-Unit, multi-technology, multi-product conglomerate which designs, manufactures and supplies state-of-the-art products and systems in a wide variety of fields including Radars, Missile Systems, Military Communications, Naval Systems, Electronic Warfare & Avionics, C4I Systems, Electro Optics, Tank Electronics & Gun/Weapon System Upgrades, and Electronic Fuzes in the Defence segment.
BEL’s non-Defence business segment includes areas such as Electronic Voting Machines, Homeland Security & Smart Cities, Satellite Integration & Space Electronics, Railways, Artificial Intelligence, Cyber Security, Software as a Service, Energy Storage Products, besides Composite Shelters & Masts. BEL is fast expanding its global presence, putting its best foot forward to give a thrust to exports worldwide. All-out efforts are being made to tap new markets across the globe, including the Indian Ocean Region and friendly foreign countries.
BEL is also putting in its best efforts to ensure that it is in sync with the Government’s larger goal of indigenisation and self-reliance by engaging in collaborative R&D, augmenting its own R&D set up, outsourcing work to Indian private industries and MSMEs, and going in for Public-Private partnerships to execute turnkey projects.
About HFCL
HFCL is a leading technology company specialising in creating digital networks for telcos, enterprises and governments. Over the years, HFCL has emerged as a trusted partner offering sustainable high-tech solutions with a commitment to provide the latest technology products to its customers. Our strong R&D expertise coupled with our global system integration services and decades of experience in fibre optics enable us to deliver innovative digital network solutions required for the most advanced networks.
The Company’s in-house R&D centres located at Gurugram and Bengaluru along with invested R&D houses and other R&D collaborators at different locations in India and abroad, innovate a futuristic range of technology products and solutions. HFCL has developed capabilities to provide premium quality OpticalFiber and Optical Fiber Cables, state-of-the-art telecom products including 5G Radio Access Network (RAN) products, 5G Transport Products, WiFi Systems (WiFi 6, WiFi 7), Unlicensed Band Radios, Switches, Routers and Software Defined Radios.
The Company has state-of-the-art Optical Fiber and Optical Fiber Cable manufacturing plants at Hyderabad, Optical Fiber Cable manufacturing plant in Goa and in its subsidiary HTL Limited at Chennai.
We are a partner of choice for our customers across India, Europe, Asia Pacific, Middle East, Africa and USA. Our commitment to quality and environmental sustainability inspires us to innovate solutions for the ever-evolving customer needs.
