Pipavav Defence eyeing manufacturing of missile and torpedoes

Pipavav Defence and Offshore Engineering, country's largest defence ship building company in the private sector, is planning to set up its main system integration facility for manufacturing missiles and torpedoes in Hyderabad. The company is looking at tie-ups with local firms in and around Hyderabad for sub-system design and manufacture of missile and torpedo parts. Pipavav Defence, at present, has orders worth $985 million from the Indian Navy, besides $282 million and $742 million in the offshore and commercial segments.


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