Summary
Mahindra on Friday said group company Mahindra Defense Systems Ltd (MDS) has received a contract worth Rs 1,349.95 crore from the Government of India to manufacture IADS for modern warships of the Indian Navy.
Expansion
Mahindra & Mahindra Ltd (Mahindra & Mahindra Ltd) on Friday said
group firm, Mahindra Defense Systems Ltd (MDS), has been asked by the Indian
government to manufacture Integrated Anti-Submarine Warfare Defense Suites
(IADS) for modern warships. Indian Navy. Rs 1,349.95 crore has been
allocated for the contract.
The Government of India has awarded a contract worth Rs 1,349.95 crore to
Mahindra Defense Systems (MDS) Limited, a group business of Mahindra &
Mahindra Limited, for the manufacture of Integrated Anti-Submarine Warfare
Defense Suites (IADS) for new warships of the Indian Navy.
Mahindra & Mahindra said in a regulatory filing, the Ministry of Defense
(MoD) solicited competitive offers from Indian businesses through open bidding, and put the system through thorough sea trials to establish their capability. Gaya.
It was also announced that Mahindra Defense will deliver 14-IADS systems to the ships of the Indian Navy. SP Shukla, Chairman, Mahindra Defense Systems
Ltd commented on the development, "This is the first major contract with
the private sector for underwater detection and threat prevention.
This deal once again exemplifies the success of the Atmanirbhar Bharat
program." According to the firm, IADS is high-end underwater equipment that uses state-of-the-art technology and sensors to detect and protect warships from underwater threats. make use of a sophisticated network.
Mahindra Defense said, "This sophisticated technology system is the first of
its kind built by an Indian business for the Indian Navy." It is a flexible system that can operate from small, medium, and large warships of all sizes,
according to the company.
The Defense Ministry agreed in its statement
"The contract with an Indian firm under the 'Buy and Build (Indian)'
category of defense procurement is a significant boost to India's
'Self-reliant India' mission and a major impetus to the indigenous defense
industry in technology development and production," the ministry said. This system will enhance the anti-submarine warfare capability of the Indian
Navy."
Since assuming power in 2014, the Modi government has emphasized making
India is the center of defense hardware manufacturing. According to Stockholm
International Peace Research Institute, India is one of the top defence hardware buyers in the world.
"IADS comes with an integrated capability to detect enemy submarines and
torpedoes as well as divert torpedoes fired by enemy submarines," the
ministry said.
The Ministry said, "The Ministry of Defense continues to demonstrate its resolve to enhance the 'Make in India' initiative of the Government.