Davis Index: Market Intelligence for the Global Metals and Recycled Materials Markets

Automaker Mahindra & Mahindra’s subsidiary, Mahindra Defence, has been awarded a contract to supply Integrated Anti-Submarine Warfare Defence Suite (IADS) to the Indian Navy. The deal is part of India’s self-reliance initiatives, which support the domestic production of defence equipment.


The Rs13.5bn ($184.18mn) order for supplying 14 IADS systems to the Indian Navy warships was won through a competitive bidding process. IADS is an advanced underwater equipment designed to detect and protect warships. It is equipped with a complex array of sensors for underwater surveillance and analysis.


Mahindra Defence caters to all divisions of the Indian defence forces. The company manufactures a range of armoured vehicles, radars, surveillance equipment and underwater warfare equipment. Its Land Systems unit also ships to overseas customers. The company’s Naval Systems unit based in Pune engages in the supply of torpedo defence systems, decoy as well as space applications. The company also produces defence electronics.



Leave a Reply

Your email address will not be published.