On July 14, 2020 Airports Authority of India(AAI) signed a Memorandum of Understanding (MoU) with Bharat Electronics Ltd (BEL) through video conferencing to collaborate and support the emerging global opportunities in the airport business, including those in the Asia Pacific region.
- The MoU is likely to boost the civil aviation industry.
Major Highlights of the MoU
i.As AAI will act as the development partner, it will assist BEL in its domain of expertise to enable execution of the MEA projects outside India by BEL.
ii.The Organisations will work in cooperation with each other in the civil aviation sector, in present and future projects handled by BEL.
iii.This MoU will provide for the synergy of capabilities of both the organisations in their particular field.
Signing of MoU
i.The MoU was signed by Sanjai Kumar Singhal, General Manager (Business Development), AAI and Manoj Kumar, Executive Director (National Marketing), Regional Office-Delhi, BEL.
ii.It was signed in the presence of Arvind Singh, Chairman, AAI; MV Gowtama, CMD, BEL; and senior Management of both the organisations
Headquarters– New Delhi, India
Chairman– Arvind Singh
It is a Defence Public Sector Undertaking(PSU)
Registered Office– Bangalore, Karnataka
Chairman & Managing Director– M V Gowtama