India's Mahindra Group, British firm to jointly produce underwater warfare equipment for Navy
Xinhua, July 7, 2015 Adjust font size:
India's automobile major Mahindra Group on Tuesday said it had tied up with British firm Ultra Electronics to produce underwater warfare equipment for the Indian Navy, in what is seen as a major push to Prime Minister Narendra Modi's '"Make in India" initiative.
"The two companies have come together to build and supply new generation advanced systems like the torpedo defense system, integrated anti-submarine warfare defense suite and mine counter measure equipment," Mahindra Defense, a subsidiary of the group, said in a statement.
It added "Their offerings will also include anti-submarine warfare vessels, submarine safety equipment and sono-buoys, among others."
The Indian Navy has so far been importing a major part of underwater war-fighting equipment from other countries.
The Mahindra Group last week joined hands with European major Airbus Helicopters to make defense choppers for the country's military. Endi