New Delhi, March 4 -- Belgium-based John Cockerill has forayed into India's defence sector with a partnership with Electro Pneumatics & Hydraulics Pvt Ltd.

John Cockerill Defence and Electro Pneumatics on Tuesday signed a joint venture (JV) agreement to manufacture turrets for Indian Army's Light Tank Programme, according to a statement.

It would be 60:40 JV with John Cockerill Defence holding the majority stake. Turrets will be manufactured at Electro Pneumatics' Chakan facility in Pune, Maharashtra.

The JV would look at adding more products in its portfolio depending on the demand, said Francois Michel, group CEO at John Cockerill.

Both the companies have entered into the joint venture agreement for "combining their technological, m...