India is looking to export torpedoes developed by the Naval Science & Technology Laboratory (NSTL), Visakhapatnam.
To push this initiative, the Centre has facilitated a memorandum of
understanding (MoU) between Bharat Dynamics Ltd (BDL), a defence public
sector unit, and L&T. The objective is to export Torpedoes (LWT-XP)
designed and developed by NSTL.
According to a press release, the MoU was signed by V Udaya Bhaskar,
Chairman and Managing Director, BDL, and Jayanth Patil, Head of Defence,
L&T.
They recently exchanged documents of the agreement in the presence of
Defence Minister Arun Jaitley and his deputy, Subhash Bhamre. Top
executives of both companies and Defence Research and Development
Organisation chief S Christopher were present.
Production plans
The Hyderabad-based BDL, which is the main producer of all indigenously developed missiles, will manufacture the torpedoes.
The Hyderabad-based BDL, which is the main producer of all indigenously developed missiles, will manufacture the torpedoes.
It has several production units in Telangana and Andhra Pradesh.
NSTL is a leading research lab under the DRDO, which is supporting the Navy. NSTL torpedoes are deployed in Indian Navy ships.
thehindubusinessline
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