Tuesday, March 21, 2023
Defence ManufacturingDefence DealsBEL enters into offset contract with JSC Rosoboronexport

BEL enters into offset contract with JSC Rosoboronexport

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New Delhi/Bengaluru: At the 6th India-Russia Military Industrial Conference, held today in Bengaluru, Bharat Electronics Limited (BEL) has entered into an offset contract under-invest in kind with Joint Stock Company Rosoboronexport, Russia, for setting up industrial facilities for the manufacture of a wide range of aviation hoses at BEL Optronic Devices Limited, Pune, a subsidiary of BEL.

BEL’s General Manager (Technology Planning) Suresh Kumar KV exchanged the contract documents with Mr Vadim Belyaev, Deputy Head, Offset Division, JSC Rosoboron, in the presence of Mr M V Gowtama, CMD, BEL, and Mrs Irina Ryazantseva, Coordinator, Offset Programmes.

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Setting up of industrial facilities under the contract for the manufacture of aviation hoses is fully consistent with the Government of India’s ‘Make in India’ program. As a result of the implementation of the Offset project, BEL will obtain a cost-effective, state-of-the-art technology based on modern production and testing machinery and proven technological processes manufacturing high-quality aviation hoses certified for international standards for all types of aircraft operating in India. The active operation of numerous aircraft of the Indian Air Force creates a constant demand for aviation hoses, which are consumables in nature.

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