Bharat Electronics Limited (BEL) has signed a Memorandum of Understanding (MoU) with JSR Dynamics for glide weapons and light weight cruise missiles at the ongoing Aero India 2019 airshow.
The MoU aims at leveraging the individual design and manufacturing capabilities of BEL and JSR, a start-up to develop weapons and light weight cruise missiles, which have business potential in both the domestic and international market, JSR said in a statement Thursday.