India–US Trade Tensions Rise Over Steel and Auto Tariffs NMDC Limited reports a 38% drop in Q4 FY24 consolidated net profit RINL to Raise $23 Million Through Land Sales Amid Crisis
Bokaro Steel Plant, a unit of Steel Authority of India Limited (SAIL), has supplied advanced DMR 249A grade steel for two new Indian Navy ships—INS Ajay and INS Nistar. The vessels were recently commissioned at Hindustan Shipyard Limited in Visakhapatnam.
INS Ajay is designed for anti-submarine warfare, while INS Nistar will serve as a deep-submergence rescue vessel. Both ships are integral to strengthening India’s naval defense capabilities.
The special-grade steel, known for its high strength and corrosion resistance, was developed indigenously. Its successful deployment underscores India’s growing expertise in producing critical materials for the defence sector.
This achievement also supports the government’s “Atmanirbhar Bharat” initiative by reducing dependence on imported steel and advancing domestic defence manufacturing.
With Bokaro’s continued contribution to strategic projects, India moves closer to becoming self-reliant in the production of specialized defence materials.
Also Read : Tata Steel Bonus 2025 Likely to Be Finalised Soon BMW Invests ₹803 Crore to Expand High-End Steel Production in Bokaro