Indian Coast Guard, Hindalco Partner for Indigenous Marine-Grade Aluminium

Indian Coast Guard signs MoU with Hindalco Industries to manufacture and supply indigenous marine-grade aluminium for ship construction. The partnership aims to reduce dependence on imports and strengthen India's shipbuilding ecosystem.

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Bijay Laxmi
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Indian Coast Guard, Hindalco Partner for Indigenous Marine-Grade Aluminium

Indian Coast Guard, Hindalco Partner for Indigenous Marine-Grade Aluminium

In a significant boost to India's shipbuilding industry, the Indian Coast Guard (ICG) and Hindalco Industries have signed a Memorandum of Understanding (MoU) to manufacture and supply indigenous marine-grade aluminium to Indian public and private shipyards for ship construction. The partnership, formalized on May 11, 2024, in New Delhi, aims to reduce dependence on imports and strengthen the country's shipbuilding ecosystem.

Why this matters: This partnership has significant implications for India's maritime security and self-reliance, as it reduces dependence on foreign suppliers and enhances the country's ability to build and maintain its own naval vessels. Moreover, it sets a precedent for public-private collaborations in strategic sectors, which can have far-reaching consequences for India's economic growth and national security.

The MoU was signed by Deputy Director General (Materiel & Maintenance), ICG IG HK Sharma, and CEO, Downstream Aluminum Business, Hindalco Mr. Nilesh Koul, in the presence of senior ICG officials. The agreement outlines key benefits such as quarterly pricing, priority in supplies, and turnover discounts to support the Indian shipbuilding industry.

The Indian Coast Guard currently operates a fleet of 67 ships with aluminium hulls designed for shallow water operations. As part of its efforts to enhance coastal security, the ICG plans to induct more aluminium-hulled vessels, which will utilize the indigenously manufactured marine-grade aluminium facilitated by this partnership.

The collaboration between the Indian Coast Guard and Hindalco Industries is expected to boost the availability of high-quality marine-grade aluminium for shipbuilding projects, contributing to India's maritime infrastructure and security initiatives. By sourcing locally produced aluminium, the ICG aims to reduce dependence on imports and strengthen the country's shipbuilding ecosystem.

The partnership aligns with the government's push for self-reliance and promoting domestic manufacturing capabilities in strategic sectors like defence and maritime security. The indigenous production of marine-grade aluminium is a crucial step towards achieving these goals and bolstering India'sshipbuilding industry.

The MoU between the Indian Coast Guard and Hindalco Industries marks a significant milestone in India's journey towards self-reliance in the shipbuilding sector. By leveraging domestic manufacturing capabilities and reducing dependence on imports, this partnership is poised to strengthen the country's coastal security and maritime infrastructure while fostering growth in the indigenous shipbuilding industry.