Krishna Defence and Allied Industries wins order worth Rs 11.22 Cr

Krishna Defence and Allied Industries Limited (KDAIL), engaged in manufacturing of equipment’s having applications in Defence, Homeland Security & Dairy Industry, received a significant contract from Ministry of Defence (MoD) for supply of special steel worth Rs. 11.22 Cr. to be used in production of armored vehicle used by the Indian Army.

KDAIL has been awarded the contract to execute this project over the next 09 months, which not only reinforces their presence in the defence industry but also contributes to the growth of their healthy order book.

The launch of this new product marks their entry into one more line of advanced steel products which align with the strategy of increasing contribution in indigenization and import substitution of defence materials.

Commenting on the order win, the management team of KDAIL stated:
“We are pleased to share with our stakeholders that KDAIL has secured a significant order worth Rs. 11.22Cr. from MoD for supply of specialized steel used in production of armoured vehicles used by the Indian Army. This marks a major achievement for us as it demonstrates our ability to innovate new products with high quality, reliability, and durability within a stringent timeline. Our success in winning this contract also reinforces our strategic goals to expand our presence in the defence vertical.

Previously, special steels for armoured vehicles were imported from Russia, and we are pleased to be recognized as a trusted supplier for indigenous production. This contract win is a significant milestone for our company, contributing to our growth and success and providing a clear indication of our strong prospects for future expansion.

This order showcases our strength as a Company with experienced team of engineers and metallurgists who work closely with customers to design and develop products that meet their unique requirements. They also provide ongoing support and assistance to ensure that their products continue to meet the changing needs of the defence industry. As a result, with this order, KDAIL has added another new product to our defence portfolio and have strengthened our already healthy orderbook.

We would like to thank our valued customers for their continued trust and support. We are confident that this order win is just the beginning of a long and successful partnership with Defence Forces and look forward to serving them for many years to come.”