Through this partnership, both entities have committed to foster indigenisation, enhance
capabilities to produce and use these items in the Nation’s interest.
The MoU underscores the importance of public-private
partnerships in addressing complex security challenges, emphasising the need
for collaboration between government agencies and the private sector. Several
key benefits including quality, grades and dimensions along with the designated
steel plants to manufacture the product are stipulated in the MoU as an
assurance to the shipbuilding yards for a timely supply of marine-grade steel
for the ICG
The MoU was signed by Deputy Director General (Materiel & Maintenance),
ICG IG HK Sharma and Chief Marketing Officer, JSP Shri SK Pradhan
in the presence of senior officers of the ICG.