Navratna Defence PSU Bharat Electronics Limited (BEL), today announced the signing of a Memorandum of Understanding (MoU) with Tata Electronics towards the development of indigenous electronics and semiconductor solutions in line with the Government of India’s vision for self-reliance. This MoU marks a significant step forward for BEL and Tata Electronics in jointly exploring end-to-end solutions to meet domestic requirements.

The MoU was signed on June 5, 2025, by Mr Manoj Jain, Chairman & Managing Director, BEL, and Dr Randhir Thakur, CEO & Managing Director, Tata Electronics, at Bombay House, Tata Group’s headquarters in Mumbai.

As part of the agreement, BEL and Tata Electronics will explore the opportunities to collaborate in the areas of Semiconductor Fabrication (Fab), Outsourced Semiconductor Assembly and Test (OSAT), and design services solutions offered by Tata Electronics to meet the current and future requirements of BEL that include Microcontrollers (MCUs), Systems-on-Chip (SoCs), Monolithic Microwave Integrated Circuits (MMICs), and other Processors. Both companies will also endeavour to develop optimum manufacturing solutions for BEL’s products through knowledge sharing, best practices and other resources.

Shares of Bharat Electronics Limited was last trading in BSE at Rs. 390.70 as compared to the previous close of Rs. 393.70. The total number of shares traded during the day was 1475701 in over 20568 trades.

The stock hit an intraday high of Rs. 397.00 and intraday low of 389.05. The net turnover during the day was Rs. 577711909.00.

Source : Equity Bulls

Keywords

BharatElectronics
INE263A01024
BEL
Defence
MoU
TataElectronics
SemiconductorSolutions