Mumbai: Anil Ambani-led Reliance Defence and Engineering Ltd (RDEL), formerly Pipavav Defence and Engineering Ltd, is focusing on providing integrated solutions for naval ships.
It has also diversified into design and development of naval weapons and sensors to provide combat suite which costs about 50 to 60% of the platform costs.
According to two RDEL executives, the shipyard has created a new vertical called Reliance Naval Systems (RNS) to focus on providing combat suite solutions.
As the majority of the systems are software intensive, RNS is developing mission critical software in compliance with government regulations.
“RNS is aiming to imbibe capabilities to meet the critical requirements of the Indian Navy and Coast Guard as an integrated solution provider and its share of addressable market, will add Rs.20,000 crore to its top line in an open competition,” Cmde Naresh Kumar (retd), who is heading this initiative said.
RDEL has entered into technology partnerships with some global firms and is finalizing partnerships for remaining verticals for its segments of C4I, Guided Weapons, Radars, Optronics and Underwater Systems.
The company is also setting up manufacturing facilities at its naval park and establishing a comprehensive supply chain through local industry partnerships.
At present, defence public sector shipyards have a back log of Rs.1.5 trillion. In addition, the Indian Navy plans to acquire new warships including aircraft carrier, frigates and destroyers, Landing Platform Dock (LPD) etc.
Reliance Defence is committed to provide full spectrum solutions to the requirements of the Indian Navy and Coast Guard, bringing in the best technologies and industry practices, said Rajesh Dhingra, chief executive officer at Reliance Defence said.