Mumbai, Jan. 29 -- Garden Reach Shipbuilders & Engineers (GRSE) & Apollo Micro Systems (AMS) have entered into a Memorandum of Understanding (MoU) for a period of five years to establish a business partnership for the joint research and development (R&D), co-production, export of Underwater Weapons & Vehicles, Underwater Mines, Underwater Communication Systems and Air Defence Systems and supply of advanced weapons and electronic systems for both defence and non-defence industries.

Published by HT Digital Content Services with permission from Capital Market....