Kerala State Electronics Development Corporation (KELTRON), a public sector undertaking under the Kerala government, on Saturday signed an agreement or MoU with the National Physical and Oceanographic Laboratory (NPOL) to manufacture and deliver Defence equipment. The agreement was signed between KELTRON CMD N Narayana Murthy and NPOL DirectorS Vijayan Pillai in the presence of state Industries Minister P Rajeeve. NPOL is a laboratory of the Defence Research and Development Organisation, under the Ministry of Defence.
The Industries Minister’s official statement reads as follows: 'The Memorandum of Understanding was signed for developing USHUS sonar simulators, for the use of submarines of the Indian Navy, advanced communication devices used in ships and submarines and other equipment.''
As per details, it comes to know that ''NPOL has placed an order, for Rs 20 crore worth equipment, to the Keltron Tool room at Kuttipuram and is expecting more orders worth Rs 18 crore this year.” The release added: Keltron Controls at Aroor ere has received an order worth Rs 70 crore and another set of orders worth Rs 45 crore will be received this year,
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