Krishna Defence Locks in Dutch JV Muscle for India's Naval Composites Revolution

Krishna Defence and Allied Industries Limited advances its July 2024 MoU by signing a JV agreement with VABO Composites B.V., Netherlands. The domestic entity, with 51:49 ownership favouring Krishna, will manufacture advanced composite ship doors and hatches for defence and maritime sectors. This strategic move blends Dutch tech with Indian infrastructure to target India and ASEAN markets, boosting 'Make in India' naval self-reliance

• 51:49 ownership split empowers Krishna Defence's strategic oversight.
• Focus on composite ship doors, hatches with Vabo's tech and company's infrastructure.
• Targets India and ASEAN expansion amid rising naval demand.