Marine equipment and spare parts supplier Maritronics India announced its foray into specialised equipment manufacturing for the defence sector.
With this, it has become the first private company in India to manufacture marine type-approved navigation and communication equipment like fiber optic gyroscope and integrated bridge system, which includes radars, ECDIS (Electronic Chart Displays and Information System) and conning displays for advanced navigation systems.
Currently, the company is in the process of setting up its own manufacturing facility in Chennai, which is expected to start production in the next one year.
Further, to strengthen its manufacturing capabilities, the company has signed an initial pact with Goa Shipyard Ltd (GSL) to jointly develop and market navigation, communication, and automation equipment for marine vessels for the domestic defence market.
The systems are expected to be manufactured locally in about a year’s time.
Source: https://economictimes.indiatimes.com/
