Tata Electronics, BEL sign MoU to power India’s semiconductor and electronics push

Tata Electronics and Bharat Electronics Limited (BEL) on Wednesday signed a Memorandum of Understanding (MoU) to jointly explore semiconductor and advanced electronics solutions aligned with India’s push for self-reliance in the sector.

The MoU was formalised on 5 June at Bombay House, Tata Group’s Mumbai headquarters, by Dr Randhir Thakur, CEO and MD of Tata Electronics, and Manoj Jain, CMD of BEL. BEL, a Navratna defence PSU, specialises in design and manufacture of advanced electronics systems for strategic and civilian use.

The collaboration will focus on identifying and developing end-to-end solutions spanning semiconductor fabrication (Fab), Outsourced Semiconductor Assembly and Test (OSAT), and chip design services.

Potential components include microcontrollers (MCUs), systems-on-chip (SoCs), monolithic microwave integrated circuits (MMICs), and other processors for BEL’s current and future needs.

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The two companies also plan to co-develop optimal manufacturing practices through knowledge sharing and joint capability development, supporting India's broader vision to reduce import dependency in critical electronics and semiconductor domains.

Ahead of the announcement, shares of BEL closed at ₹390.70, down 0.76% on the BSE.