Mumbai, June 6 -- Tata Electronics and state-owned firm Bharat Electronics (BEL) have joined hands to advance the development of indigenous electronics and semiconductor solutions in line with the Centre's vision for self-reliance.

This MoU between these two is a significant step forward in jointly exploring end-to-end solutions to meet domestic requirements.

The agreement was signed on Thursday by Randhir Thakur, CEO and Managing Director, Tata Electronics and Manoj Jain, Chairman and Managing Director, BEL at the Tata Group's headquarters in Mumbai, as per a joint statement.

As part of the agreement, Tata Electronics and BEL will explore collaboration opportunities to identify Semiconductor Fabrication (Fab), Outsourced Semiconductor...