Indian Coast Guard inks MoU for indigenous marine grade steel


New Delhi: Indian Coast Guard (ICG) and Jindal Steel & Power (JSP), on May 07, 2024, signed a Memorandum of Understanding (MoU) in New Delhi for the supply of indigenous marine grade steel to enhance the indigenous content in shipbuilding. Through this partnership, both entities have committed to foster indigenisation, enhance capabilities to produce and use these items in the Nation’s interest.  The MoU underscores the importance of public-private partnerships in addressing complex security challenges, emphasising the need for collaboration between government agencies and the private sector. Several key benefits…

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