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Belrise Industries Limited ( (IN:BELRISE) ) has provided an announcement.
Belrise Industries has entered into an exclusive three-year teaming and strategic agreement with Israel’s Plasan Sasa to collaborate on technical and business development, jointly pursuing defence tenders from India’s Ministry of Defence, public sector undertakings, paramilitary forces and other government agencies. The partnership centers on adapting and producing Plasan’s ATEMM all-terrain electric mission module for the Indian military market, supports India’s Make in India and Atmanirbhar Bharat initiatives through localisation and technology transfer, and is expected to position Belrise as a prime source of subsystems and systems within Plasan’s global supply chain, strengthening both companies’ roles in India’s defence ecosystem and their international operations.
More about Belrise Industries Limited
Belrise Industries Limited is a leading Indian automotive systems manufacturer with a strong industrial presence in India, supplying advanced automotive components and systems and increasingly targeting opportunities in the defence sector. The company is positioning itself as a key player in high-tech mobility and mission-ready solutions, leveraging partnerships to expand into military and security markets while integrating into global supply chains.
Average Trading Volume: 439,043
Technical Sentiment Signal: Strong Buy
Current Market Cap: 145B INR
For an in-depth examination of BELRISE stock, go to TipRanks’ Overview page.