Business Economy


Cyient DLM, Hindustan Shipyard sign MoU for maritime, defence electronics

Hyderabad, Nov 15 (UNI) Cyient DLM and Hindustan Shipyard Limited (HSL) have signed a Memorandum of Understanding (MoU) to explore collaboration in advanced electronics and technology solutions for maritime and defence applications.
The partnership aims to leverage HSL's expertise in shipbuilding, ship repair and platform integration and Cyient DLM's capabilities in mission-critical electronics, embedded systems, power electronics and precision manufacturing, Hyderabad based company said in a release on Sunday.
The two organisations will explore opportunities in indigenisation, technology development, electronics manufacturing, testing and lifecycle support in line with the Centre's Atmanirbhar Bharat initiative.
The proposed areas of collaboration include obsolescence management, test and support systems, autonomous and unmanned maritime platforms, power electronics and artificial intelligence-enabled maintenance solutions.
Cyient DLM Managing Director and CEO Rajendra Velagapudi said the partnership would bring together complementary capabilities in shipbuilding, platform integration and mission-critical electronics to support indigenous technology development and manufacturing in the maritime and defence sectors.
Hindustan Shipyard Chairman and Managing Director R Adm C Raghuram (Retd) said the MoU provided a framework for both organisations to explore areas of mutual cooperation and contribute to strengthening India's indigenous maritime and defence ecosystem.
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