Naval Group Inks MoU with Indian Firms, Strengthens Strategic Partnership

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French firm Naval Group, on Feb 6, inked several memoranda of understanding (MoU) with Indian companies, strengthening the partnerships with country’ defence industry, reinstating the company’s commitment to indigenous content. The French shipyard, with its robust track-record in terms of large and rich technology transfers worldwide, has been a pioneer in the “Make in India” policy and now gearing up for “make from India”.

With a presence of more than a decade in India, Naval Group has firmly supported the self-reliance of the Indian Navy for its naval programmes. The company’s international strategy is to build long-term strategic partnerships with the most qualified and innovative industrial actors of the countries for its clients in order to ensure their sovereignty. Naval Group is proposing a robust offset package in its offer for the Indian tender for modern heavy weight torpedoes. “This is the natural extension of our industrial presence in India achieved through the ongoing project for Kalvari-class submarine,” Commercial Director of Naval Group Underwater Weapons, Patrice Pyra said. “Our partners share essential features with us such as high-level of quality standards and the search for ever increasing innovation and we are eager to take them on-board our global projects,” said Naval Group Senior Vice-President for International Industrial Development, Massi Begous.

The MoU are inked with VEM Technologies, H And H Precision, HBL Power Systems, CFF Fluid Control, Flash Forge, Omega Renk Bearings, Walchandnagar Industries, Elcome Integrated Systems, Marine Electricals (India), Axon Interconnectors and Wires, Engie Axima India, Linia Engineering Services, and Souriau India.