Joint Venture23 Dec 2025, 06:42 pm
Belrise Industries Ltd. Enters Exclusive Teaming and Strategic Agreement with Plasan SASA, Israel
AI Summary
Belrise Industries Limited has entered into an exclusive Teaming and Strategic Agreement with Plasan SASA, Israel, for technical and business cooperation. The agreement, valid for three years, aims to enable Belrise to emerge as a prime source of sub-systems and systems for the global supply chain of Plasan. The collaboration also seeks to establish and strengthen Plasan’s footprint in India, including joint participation in opportunities relating to the ATEMM platform.
Key Highlights
- Three-year agreement with annual performance evaluation based on mutually agreed Key Performance Indicators (KPIs)
- Framework for cooperation and exclusivity in jointly identifying, pursuing, and executing business opportunities
- Joint collaboration on technical development, processes, and capability building
- Objective of establishing and strengthening Plasan’s footprint in India
- Potential joint participation in opportunities relating to the ATEMM platform