April 18, 2015: The Hannover Messe fair in Germany proved to be a major hit for the Indian participants. The public sector firms including Bharat Heavy Electricals Ltd (BHEL), Rajasthan Electronics & Instruments Ltd, Instrumentation Ltd and Hindustan Machine Tools (HMT) have inked six MoUs. These MoUs have been signed between companies from Germany, Switzerland, Russia and Bulgaria and are aimed to scale up the Indian manufacturing ecosystem.
While BHEL signed the pact with INTMA, the Russian stock company, Rajasthan Electronics & Instruments Ltd signed an MoU with Bulgarian company Milkotronics Ltd.
BHEL will be supporting the company in its upcoming projects in Russia and Kazakhstan and REIL will be manufacturing milk analysers in India for the Bulgarian company.
On the other hand, Instrumentations Ltd will be producing control valved for German firm KE Kauer Engineering and CNC controls, systems and drives Switzerland-based Num Controls.