
Business Update25 Sept 2026, 09:30 pm
Billwin Industries Gets ToT for Indian Navy Submarine Escape Suit
AI Summary
Billwin Industries Limited has received a Transfer of Technology (ToT) certificate from the Ministry of Defence for the manufacturing of Hydro Suits (Submarine Escape Suits) for the Indian Navy. The agreement was formally handed over by the Defence Minister. This development marks a significant step for the company into the defence manufacturing sector, aligning with the Navy's indigenous manufacturing requirements.
Key Highlights
- Received Transfer of Technology (ToT) for manufacturing Hydro Suits.
- Agreement is for the Indian Navy's Submarine Escape Suit requirement.
- Marks entry into the defence manufacturing sector.
- Supports indigenous manufacturing for the Indian Navy.
Price Impact
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