Jindal Steel To Supply Steel To Indian Coast Guard For Shipbuilding

Indian Coast Guard (ICG) and Jindal Steel and Power (JSP) on Tuesday, signed an agreement 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 fostering indigenisation, enhancing capabilities to produce and use these items in the Nation’s interest, the Ministry of Defence said in a statement.

The agreement underscores the importance of public-private partnerships in addressing complex security challenges, emphasising the need for collaboration between government agencies and the private sector.

The ministry believes that it will benefit in the areas of quality, grades and dimensions along with the designated steel plants to manufacture the product are stipulated in the agreement as an assurance to the shipbuilding yards for a timely supply of marine-grade steel for the ICG.