Bengaluru, Navratna defense PSU Bharat Electronics Limited (BEL) on Thursday signed an agreement with Reliasat Inc. for cooperation in the field of space products. Signed a teaming agreement with Canada, officials said.

He said the objective of the agreement is to leverage the capabilities of BEL and Reliasat in the field of space.

"This is a significant step that will enable BEL to enter the space sector and strengthen its existing portfolio in line with the 'Atmanirbhar Bharat' and 'Make-in-India' initiatives of the Government of India, BEL said in a statement. "

BEL, a Navratna PSU under the Ministry of Defence, Government of India, enjoys leadership position in the defence/strategic electronics market in India and on the other hand, Reliasat develops space-based smart satellites and deep space solutions, thereby enabling internet May go. It includes space with high capacity connectivity.