Centum Electronics has signed a Memorandum of Understanding (MoU) with Bharat Electronics Limited (BEL) to enhance the development of advanced defense electronics, focusing on Electronic Warfare and radar systems for the Indian Armed Forces. Following the announcement, Centum’s stock surged by 8%, indicating strong market confidence in this collaboration. The partnership aims to leverage both companies’ strengths in defense electronics, contributing to India’s self-reliance in defense capabilities. With a revenue increase and a shift from loss to profit in the latest financial quarter, Centum’s commitment to high-quality manufacturing solutions is set to bolster India’s defense infrastructure and technological advancements.