BEML, a public sector enterprise under the Indian Ministry of Defence, has signed a memorandum of understanding (MoU) with Hindustan Shipyard Limited (HSL) to advance next-generation marine engineering capabilities.
The collaboration aims to co-create advanced indigenous marine systems, focusing on innovation, indigenous design, manufacturing, and comprehensive lifecycle support, which are essential for supporting maritime operations in both defence and commercial sectors.
The two companies formally exchanged the MoU at BEML’s Delhi office in the presence of senior leadership from both organisations.
Shantanu Roy, chairman and managing director of BEML, expressed the significance of the collaboration, stating, “This collaboration with HSL marks a defining moment in BEML’s expansion into the marine sector.”
Under the agreement, BEML will lead the design and development of specialised systems, while HSL will focus on accelerating indigenisation initiatives and utilising BEML’s production capabilities in defence and heavy engineering.
The partnership will focus on developing essential infrastructure solutions crucial for bolstering shipyard logistics and marine infrastructure, such as low-bed transporters, dredging equipment, high-capacity cranes, and heavy-load handling systems.
Hemant Khatri, chairman and managing director of HSL, highlighted the strategic leap towards self-reliance and innovation in marine infrastructure, stating, “By combining the strengths of HSL and BEML, we are creating a powerful platform to develop next-generation indigenous solutions for shipyard infrastructure and the shipbuilding sector.”