Tag: Joint Venture
INFRASTRUCTURE Cochin Shipyard, HBL Engg To Form JV For Electric Mobility Technology

Cochin Shipyard Ltd (CSL) plans to form a joint venture with HBL Engineering Ltd to develop electric mobility technology and energy storage solutions for the maritime sector, targeting both domestic and global markets. The proposed entity, Green Maritime Propulsion Pvt Ltd, will focus on building indigenous capabilities in sustainable propulsion systems aligned with evolving industry […]

CW Bureau · Mar 25, 2026
MANUFACTURING BEL Nod For 50:50 JV With SED To Make HAMMER Smart Weapon In India

Bharat Electronics Limited (BEL), a Navratna defence PSU, has approved the signing of a joint venture agreement with France-based Safran Electronics & Defence (SED) to manufacture the HAMMER (Highly Agile Modular Munition Extended Range) smart air-to-ground weapon system in India, with localisation of up to 60%. The proposed 50:50 joint venture will focus on the […]

CW Bureau · Feb 16, 2026