As part of its growth plans, stainless steel player Jindal Stainless Limited (JSL) has signed an agreement with state-owned Yantra India Ltd for the development and manufacturing of defence products. In a statement, JSL said its defence vertical Jindal Defence & Aerospace (Jindal Defence And Aerospace) has signed an MoU with the state-owned Yantra India Ltd for engineering, development and manufacturing of defence products with their respective capabilities.
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The move is in line with the government’s push for the public-private partnership to serve Indian armed forces, the company said on Friday. “Jindal Defence & Aerospace is proud to make India Atmanirbhar in the area of advanced materials by presenting nickel-based alloys, armour steel glass fibre, and carbon fibre composites for next-gen defence applications. “We are entering into integrated next-generation security and defence solutions for the nation’s armed and paramilitary forces,” its chief CP Agrawal said.
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In the past, Jindal Defence and Aerospace has supplied material for key DRDO and ISRO projects, including satellite launcher PSLV, GSLV Mk-3, Chandrayaan, Gaganyaan, KS Nuclear Submarine missile system and missile canister for almost all missile programmes.