Daily Archives: November 29, 2024

Indian Cos.

SAIL Partners with John Cockerill India for Specialized Steel Production

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SAIL-John Cockerill India MoU: New Delhi, November 29, 2024 – In a strategic move to bolster India’s manufacturing and defense capabilities, Steel Authority of India Limited (SAIL) has announced a significant partnership with John Cockerill India to produce specialized steel products. The collaboration, formally unveiled yesterday, is set to enhance India’s self-reliance in the defense and aerospace sectors by producing high-quality steel tailored for critical applications, including defense-grade equipment, heavy industries, and high-end infrastructure projects.

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Navy

India, UK Will Co-Develop Electric Propulsion Systems for Indian Navy Warships

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Electric Propulsion System for Indian Navy’s Future Warships: Building on their growing strategic partnership, India and the United Kingdom signed a significant agreement on November 28th, 2024, to co-design, co-develop, and co-produce electric propulsion systems for the Indian Navy’s next-generation warships. This landmark agreement, formalized as a Statement of Intent (SoI) during the third meeting of the India-UK electric propulsion capability partnership working group in Portsmouth, UK, marks a crucial step towards modernization and technological advancement for the Indian Navy

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