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Indian Coast Guard Partners With Jindal Steel & Power For Indigenous Marine Steel Supply

Category : National
Published on: May 10 2024 Share on facebook

  • The Indian Coast Guard (ICG) and Jindal Steel & Power (JSP) inked a Memorandum of Understanding (MoU) on May 7 in New Delhi aimed at enhancing indigenous content in ship building. 
  • This partnership seeks to bolster the supply of indigenous marine-grade steel, vital for the nation’s maritime security.
  • The MoU highlights the pivotal role of public-private partnerships in addressing complex security challenges. 
  • It underscores the necessity of collaboration between government agencies and the private sector to strengthen national interests.
  • Outlined within the MoU are several key benefits aimed at ensuring quality, grades, and dimensions of the marine-grade steel. 
  • Additionally, designated steel plants have been earmarked for manufacturing the product, ensuring a timely supply to shipbuilding yards serving the ICG.
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