New Delhi. Navratna Defence PSU Bharat Electronics Ltd (BEL) has signed a Collaboration and Marketing Agreement with JSR Dynamics Pvt Ltd (JSR), a Nagpur-based start-up company.

The agreement aims at leveraging the individual design and manufacturing capabilities of BEL and JSR to develop Glide Bombs, Range Extension Kit and Light Weight Cruise Missile, which have business potential in both the domestic and international market.

Mrs Anandi Ramalingam, Director (Marketing), BEL, and Air Marshal Shirish Deo (Retd), MD, JSR Dynamics Pvt Ltd, signed the agreement.