Latest News | AMSL, GRSE Join Hands to Explore Biz Opportunities

New Delhi, Jan 29 (PTI) Apollo Micro Systems Ltd (AMSL) and Garden Reach Shipbuilders & Engineers Ltd (GRSE) have signed an agreement to explore business opportunities in defence and other sectors.

The Memorandum of Understanding (MoU) is to establish a business partnership for the joint research and development (R&D), co-production, export of underwater weapons and vehicles, underwater communication systems and air defence systems, AMSL said in an exchange filing.

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The MoU also aims supply of advanced weapons and electronic systems for both defence and non-defence industries, it said.

Hyderabad-based Apollo Micro Systems Ltd (AMSL) offers technology-based solutions in sectors such as infrastructure, transportation, and aerospace.

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(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)