BEL and Tata Electronics Partner to Boost India’s Semiconductor Self-Reliance

09 Jun 2025 CW Team

The MoU was formalised on 5 June at the Tata Group’s Mumbai headquarters by BEL chairman Manoj Jain and Tata Electronics CEO Dr Randhir Thakur.

The alliance between state-owned BEL and Tata Electronics—a greenfield venture under the Tata Group—will concentrate on opportunities in semiconductor fabrication, outsourced semiconductor assembly and test (OSAT), and design services.

Tata Electronics will provide solutions to meet BEL’s present and future needs, including components such as Microcontrollers (MCUs), Systems-on-Chip (SoCs) and Monolithic Microwave Integrated Circuits (MMICs). Both companies intend to combine their expertise to deliver optimal manufacturing outcomes.

This collaboration is a strategic step towards realising self-sufficiency in India’s electronics and semiconductor capabilities. By emphasising indigenous technology development, BEL and Tata Electronics aim to transform the domestic market landscape.

The partnership reflects a commitment to innovation and excellence, supporting enhanced economic growth and technological progress in India’s electronics industry.

Following the announcement after market hours on Friday, BEL shares closed 0.76 per cent lower at Rs 390.70. The stock traded above key moving averages, including the 5-day, 10-, 20-, 30-, 50-, 100-, 150-, and 200-day simple moving averages (SMAs). Its 14-day relative strength index (RSI) stood at 76.14, signalling an overbought condition (above 70).

BEL’s stock has a price-to-earnings (P/E) ratio of 57.54 and a price-to-book (P/B) ratio of 16.42. Earnings per share (EPS) were recorded at 6.79, with a return on equity (RoE) of 28.55 per cent. According to Trendlyne data, the company has a one-year beta of 1.3, indicating relatively high stock volatility.

As of March 2025, promoters held a 51.14 per cent stake in BEL, the state-run defence electronics manufacturer.

Bharat Electronics Ltd (BEL) and Tata Electronics have signed a memorandum of understanding (MoU) to advance India’s self-reliance in the electronics and semiconductor sectors. This partnership supports the government’s vision of fostering indigenous technological solutions and marks a significant collaboration between the two companies.The MoU was formalised on 5 June at the Tata Group’s Mumbai headquarters by BEL chairman Manoj Jain and Tata Electronics CEO Dr Randhir Thakur.The alliance between state-owned BEL and Tata Electronics—a greenfield venture under the Tata Group—will concentrate on opportunities in semiconductor fabrication, outsourced semiconductor assembly and test (OSAT), and design services.Tata Electronics will provide solutions to meet BEL’s present and future needs, including components such as Microcontrollers (MCUs), Systems-on-Chip (SoCs) and Monolithic Microwave Integrated Circuits (MMICs). Both companies intend to combine their expertise to deliver optimal manufacturing outcomes.This collaboration is a strategic step towards realising self-sufficiency in India’s electronics and semiconductor capabilities. By emphasising indigenous technology development, BEL and Tata Electronics aim to transform the domestic market landscape.The partnership reflects a commitment to innovation and excellence, supporting enhanced economic growth and technological progress in India’s electronics industry.Following the announcement after market hours on Friday, BEL shares closed 0.76 per cent lower at Rs 390.70. The stock traded above key moving averages, including the 5-day, 10-, 20-, 30-, 50-, 100-, 150-, and 200-day simple moving averages (SMAs). Its 14-day relative strength index (RSI) stood at 76.14, signalling an overbought condition (above 70).BEL’s stock has a price-to-earnings (P/E) ratio of 57.54 and a price-to-book (P/B) ratio of 16.42. Earnings per share (EPS) were recorded at 6.79, with a return on equity (RoE) of 28.55 per cent. According to Trendlyne data, the company has a one-year beta of 1.3, indicating relatively high stock volatility.As of March 2025, promoters held a 51.14 per cent stake in BEL, the state-run defence electronics manufacturer.

Building Material

11 Dec 2025

Suraj Estate Wins Euromoney Award for India’s Best Residential Developer

"Suraj Estate Developers Limited has received the Euromoney Real Estate Award 2025 for ‘India’s Best Residential Developer’, positioning the company among globally benchmarked leaders in the sector. The recognition reflects its four-decade legacy in delivering high-quality residential and redevelopment-led projects across South Central Mumbai. The Euromoney Real Estate Awards, presented by the London-based Euromoney magazine, are widely regarded as one of the most credible global assessments of performance in real estate, banking and finance. Winners are selected through surveys of inte..

Building Material

11 Dec 2025

Lloyds Metals, Tata Steel Sign MoU to Explore Strategic Collaboration

"Lloyds Metals and Energy Limited has signed a non-binding Memorandum of Understanding with Tata Steel Limited to evaluate potential areas of strategic cooperation across mining, logistics, pelletisation and steelmaking. The MoU was signed by B Prabhakaran, Managing Director of Lloyds Metals, and Mr T V Narendran, CEO and Managing Director of Tata Steel. The partnership framework aims to leverage the natural operational synergies between both companies and assess opportunities in greenfield steel projects, iron ore mining, slurry pipeline infrastructure, pellet manufacturing in iron ore–ric..

Building Material

11 Dec 2025

IndiaAI, Gujarat Govt Host Regional Conclave Ahead of 2026 AI Summit

The IndiaAI Mission under the Ministry of Electronics and Information Technology, along with the Government of Gujarat and IIT Gandhinagar, convened a Regional Pre-Summit Event at Mahatma Mandir, Gandhinagar. The initiative is part of the build-up to the India–AI Impact Summit 2026, scheduled for 15–20 February 2026 at Bharat Mandapam, New Delhi. The conclave brought together senior policymakers, technology leaders, researchers and industry practitioners to examine how AI can accelerate economic, digital and social transformation across sectors. The programme focused on the overarching th..