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Friday, May 09, 2014

Pipavav Defence to enter missile, torpedo production: report

Seahake torpedoPipavav Defence and Offshore Engineering plans to make missiles and torpedoes, for which it will set up a system integration facility in Hyderabad.

The company has already firmed up strategic partnerships for missile and torpedo production under the `Buy-and-make-Indian' programme of the ministry of defence, reports quoting Naresh Kumar, senior advisor to the company said.

Speaking at the vendor development programme for MSE suppliers organised by the CII in Hyderabad, Naresh Kumar said the company is looking at tie-ups with local firms in and around Hyderabad for sub-system design and manufacture of missile and torpedo parts.

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