Centum Electronics and Indra Air Traffic Forge Strategic Partnership to Introduce CuttingEdge Navigation Technology for Indian Naval Forces

Centum Electronics Limited, a trailblazer in Indian Electronics Systems Design and Manufacturing (ESDM), proudly announces a transformative teaming agreement with Indra Air Traffic Inc, a global leader in defence, air traffic, and space innovation. This strategic alliance marks a pivotal moment in India's journey toward technological self-reliance and defence modernization.

Under this agreement, Centum and Indra will collaborate to manufacture state-of-the-art air navigation systems in India, tailored for the Indian Navy. This partnership not only brings world-class technology and deep engineering expertise to the forefront but also reinforces the shared commitment to the Government of India's Aatmanirbhar Bharat initiative.

By combining Centum's relentless drive for innovation, investment in R&D, and high-reliability manufacturing with Indra's global vision and advanced solutions, the collaboration sets a new benchmark for indigenous manufacturing and operational superiority. Together, the companies commit to empowering India's armed forces with cutting-edge, mission-ready systems that ensure safety, connectivity, and strategic advantage.

"Our partnership with Indra Air Traffic is a testament to Centum's unwavering commitment to innovation and excellence," said Nikhil Mallavarapu, Joint Managing Director of Centum. "By joining forces, we are not only advancing India's defence capabilities but also championing the spirit of Aatmanirbhar Bharat. Together, we are shaping a future where India stands at the forefront of technological leadership and operational readiness", he further added.

"I am pleased to announce the signing of the Teaming Agreement with our esteemed partner Centum for the joint development and ToT of the Advanced Air navigation system. This partnership represents a significant step towards strengthening indigenous capabilities and advancing our contribution to Aatmanirbhar Bharat" said Kenneth Cleveland, Vice President - Sales & Marketing of Indra.

Centum remains committed to driving innovation and excellence, ensuring that India's defence sector continues to rise as a beacon of technological prowess on the world stage.

Shares of Centum Electronics Limited was last trading in BSE at Rs. 2278.85 as compared to the previous close of Rs. 2243.80. The total number of shares traded during the day was 1586 in over 205 trades.

The stock hit an intraday high of Rs. 2310.50 and intraday low of 2243.00. The net turnover during the day was Rs. 3612805.00.

Source : Equity Bulls

Keywords

CentumElectronics INE320B01020 IndraAirTraffic StrategicPartnership