- Friday, April 26, 2024
By: Shubham Ghosh
INDIAN multinational automotive manufacturing corporation Mahindra & Mahindra Ltd on Friday (27) said group firm Mahindra Defence Systems Limited (MDS) has received a contract from the Indian government worth Rs 1,350 crore for manufacturing integrated Anti-Submarine Warfare Defence Suite (IADS) for modern warships of the Indian Navy.
The ministry of defence invited competitive bids from Indian companies through an open tender wherein the systems fielded were put through detailed trials at sea to prove their capability, Mahindra said in a regular filing.
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Mahindra Defence would be supplying 14 IADS systems for the Indian Navy warships, the company added.
SP Shukla, MDS Ltd chairman, said, “It is the first major contract with the private sector meant for underwater detection and protection from threats. This contract once again epitomises the success of the Atmanirbhar Bharat initiative.”
Government officials a;sp said the contract with an Indian firm under the ‘Buy and Make (Indian)’ category of defence procurement gives a boost to India’s ‘Atmanirbhar Bharat’ mission and provides a major impetus to the indigenous defence industry in development and production of technology.
IADS is high-end underwater equipment that uses the latest technology to detect and protect warships from underwater threats, the company said.
“This advanced technology system is the first of its kind being developed by an Indian company for the Indian Navy,” Mahindra Defence said.
The system is capable of operations from all sizes of warships — small, medium, and large, it added.
