Navratna Defence PSU Bharat Electronics Limited (BEL) and Israel Aerospace Industries (IAI) announced at Aero India 2025 in Bengaluru on 11 February the commencement of operations of their new joint venture (JV): BEL IAI Aerosystems (BIA).
Incorporated on 25 September 2024, BIA is “uniquely positioned as the exclusive support entity for post-warranty maintenance of India’s defence systems” according to an IAI press release, which added, “This initiative leverages manufacturing capabilities and technological innovations, fostering India’s self-reliance in sync with the ‘Make in India’ vision even while delivering world-class solutions.”
Beyond post-warranty maintenance, the JV will also lead to the transfer of advanced technological capabilities to India, enabling the development of local expertise in critical defence systems. By establishing a dedicated support infrastructure, BIA “will empower India to operate, maintain, and enhance its defence systems independently”, IAI stated. “The venture’s long-term impact extends to creating job opportunities, upskilling the local workforce and contributing to the growth of India’s defence manufacturing ecosystem, reinforcing the nation’s position as a global defence player.”
Boaz Levy, president & CEO of IAI, stated of the JV: “This collaboration is a historic milestone as it marks the first-ever joint company established by leading defence firms of Israel and India. It reflects the robust and flourishing relationship between the two nations, and we are excited about the significant contributions this venture will bring to India’s defence capabilities. We extend our gratitude to the tri-services for their unwavering partnership.”
Manoj Jain, chairman and managing director of BEL, added, “The launch of BEL IAI Aerosystems ushers in a paradigm shift in providing seamless product and life cycle support for [medium- and long-range surface-to-air missile] systems supplied to the tri-services. The JVC reflects the strategic partnership between India and Israel and the commitment of BEL and IAI to jointly provide state-of-the-art weapon systems and life cycle support for the Indian defence forces.”