In a bid to strengthen
India’s defence and aerospace manufacturing, Jindal Stainless, India’s largest
stainless steel manufacturer, today inked a deal with the Micro, Small and
Medium Enterprises (MSME) Technology Centre, Visakhapatnam for manufacturing value-added
products for the missile and satellite launch vehicle segments.
The aim of the MoU is to
capitalise on Jindal Stainless' expertise in strategic material supply and the
manufacturing capabilities of the MSME Technology Centre. It is also aimed at
encouraging and supporting the local MSMEs by partnering with them for the
production orders. The products resulting from this MoU will find application
in various components, such as motor casings, missile wings, missile launcher
structures and rocket motor boosters. The collaboration will significantly
enhance the manufacturing of essential components and sub-assemblies crucial
for the development of equipment across defence, aerospace, and other
industries.
Commenting on the
development, Managing Director, Jindal
Stainless, Mr Abhyuday Jindal, said, “Through this MoU, our aim is to
deliver high-quality products to the defence and aerospace sectors with
increased efficiency. Aligned with the government's Atmanirbhar Bharat
initiative, it will contribute towards reducing reliance on imports. It also
accords well with the government’s emphasis on fostering public-private
partnerships to better serve the needs of the Indian armed forces.”
Expressing his optimism, Head, MSME Technology Centre,
Visakhapatnam, Mr Prasada Reddy G, said, “We take immense pride in
collaborating with the pioneers of stainless steel industry in India.
Leveraging our skill development training and innovative in-house research
capabilities combined with Jindal Stainless’ world-class material, we are
confident that this strategic collaboration will yield unparalleled products
for the defence and aerospace sectors.”
The Memorandum of
Understanding (MoU) was signed on the premises of the centre in the presence of
Head, MSME Technology Centre, Visakhapatnam, Mr Prasada Reddy G, Jindal
Stainless’ Head of Business Development for its strategic vertical, Jindal
Defence and Aerospace, Col (Retd) Piyush Verma, Head of Sales and Marketing for
the vertical, Mr Amit Goyal.
Jindal Stainless is among
the select few companies in the world to attain an AS9100 accreditation, a
quality management system for aviation, space and defence organisations and
largest stainless steel and special steel conglomerates in India and ranks
amongst the top 10 stainless steel conglomerates in the world.
MSME Technology Centre,
Visakhapatnam is the premium skill development centre established through the
Ministry of Micro, Small and Medium Enterprises, Govt. of India under the
auspices of World Bank. The primary objective of the TC is to provide the
world-class education, skill development training and conduct innovation
research at the interface of multiple disciplines to create high quality human
resources in disciplinary and interdisciplinary areas of Engineering
Technologies. MSME TC also provides design, development, and manufacturing support
to MSMEs, Defence Public Sector Undertakings (DPSUs), and Central Public Sector
Undertaking (CPSUs) in the field of mechanical, electrical, and electronics
disciplines.
Previously, Jindal
Stainless has supplied material for key projects under the Defence Research and
Development Organisation (DRDO) and the Indian Space and Research Organisation
(ISRO), such as satellite launcher PSLV, GSLV Mk-3, Chandrayaan, Gaganyaan, to
name a few. The company has also indigenously developed world-class armour solutions,
including bullet-proof morchas and podiums for the Indian defence forces
comprising the Indian Army, Indian Navy, Central Reserve Police Force (CRPF),
Border Security Force (BSF), Service Selection Board (SSB), police forces, etc.
