ICG & SAIL Signs MoU to Increase Indigenous Content Ship?
Defence
2023 was a landmark year for Ministry of Defence (MoD) as giant strides were made towards realising the vision of the Government, led by Prime Minister Shri Narendra Modi, to create a strong, secure, self-reliant, and inclusive India. Efforts to achieve ‘Aatmanirbharta’ in defence and Armed Forces modernisation surged ahead with renewed thrust, with the country witnessing record defence exports and all-time high defence production. Strengthening border Infrastructure, utilising Nari Shakti and ensuring Ex-Servicemen Welfare have been at the core of the functioning of MoD under the guidance of Raksha Mantri Shri Rajnath Singh and these have moved forward with unprecedented pace and vigour.
As per the MoU, SAIL will supply indigenous marine-grade steel to Indian shipyards, for ICG Ships
The MoU was signed in the presence of Rakesh Pal, Director General Indian Coast Guard (DGICG).
SAIL is a Maharatna Central Public Sector Enterprise (CPSE) functioning under the Ministry of Steel(MoS)
About Steel Authority of India Limited (SAIL):
Chairman – Amarendu Prakash
Headquarters – New Delhi, Delhi, Established in – 1973
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