💨 Abstract

India's defense PSU, BEML Limited, has entered a strategic partnership with South Korean firm STX Engine to co-develop, manufacture, and market Battle Tank engines, marine engines, and related components. The partnership aims to reduce import dependency, drive innovation, and bolster domestic manufacturing. The agreement also includes servicing and maintenance of engine components to cater to Indian defense needs and explore export opportunities to friendly nations.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖