NBCC (India) Limited has entered into a Memorandum of Understanding (MoU) with Bharat Electronics Limited (BEL) to collaborate on healthcare manufacturing and service ecosystems. The agreement encompasses manufacturing and supply of medical devices, IT/digital solutions, consultancy, project execution, and related advisory services. This collaboration aims to leverage the strengths of both companies in the healthcare sector.
Strategic Alliance in Healthcare Sector
NBCC (India) Limited has formalized a collaboration with Bharat Electronics Limited (BEL) through a Memorandum of Understanding (MoU). The partnership focuses on the creation of a comprehensive healthcare manufacturing and service ecosystem.
Scope of Collaboration
The MoU covers a range of activities, including:
- Manufacturing and supply of medical devices
- Healthcare IT and digital solutions
- Consultancy services
- Project execution
- Joint procurement
- AMC & warranty support
- Advisory services
The specific details of each project will be governed by separate agreements.
Normal Course of Business
NBCC (India) Limited clarifies that this agreement is considered a normal course of business for the company’s subsidiary, HSCC (India) Limited. The agreement was officially announced on January 12, 2026.
Source: BSE
