Gujarat-based industrial gears and material handling equipment maker Elecon Engineering Ltd is likely to deliver a pair of marine gearbox to the public sector shipbuilding major, Cochin Shipyard Ltd (CSL) for construction of India's first indigenous aircraft carrier for the Indian Navy in the first quarter of the next fiscal, a source close to the development informed.Elecon has joined hands with a German capital goods maker, Renk AG for a technical collaboration to build the marine gears for the Indian Navy.
"The order for a pair of marine gears from Cochin Shipyard is likely to be delivered by the March 2012 or latest by the first quarter of the next fiscal. There were certain preconditions to qualify for the order.
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