23 Oct '16, 4am

Tata Power SED to Build Sonar Systems for Indian Navy. Great #MakeInIndia initiative

NEW DELHI — Private defense company Tata Power's Strategic Engineering Division (SED) has emerged as the lowest bidder to build 78 portable diver detection sonar (PDDS) systems. Tata Power SED, whose parent company is Tata Group, quoted $20 million for the Buy and Make (India) category tender, against its rivals Elcome Integrated Systems at $26 million and Larsen & Toubro at $30 million. This will be for the first time an Indian defense company will build PDDS systems for the Indian Navy. The service was previously sourcing the technology from Sonardyne in the United Kingdom. A senior Indian Navy official confirmed that no domestic defense company has yet built PDDS systems, and that any domestic companies that do so will likely have to team up with foreign defense companies. "A formal contact will be awarded to Tata Power SED within the next two months," he added. In a 20...

Full article: http://www.defensenews.com/story/defense/naval/2016/08/12...

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