Essar Steel has forayed into the high growth defence manufacturing sector by developing steel grades which find application in Land and Naval Defence. The estimated expenditure in Defence sector is over US$ 200 billion over the next 5 years.
The company has developed several products which are import substitutes as well as innovated to develop indigenous armour plate for ballistic protection.
Wide range of import-substitute products: Essar Steel's import substitute products have been used in the construction of advance naval destroyers, offshore patrol vessels and floating docks. They also provide ballistic protection to combat vehicles and battle tanks. In addition, Essar Steel products are used in the construction of Coast Guard vessels and in the repair of naval ships.
Essar Steel aims to participate in the indigenisation of products used in Naval Defence, including naval destroyers, offshore patrol vessels used by both Navy and Coast Guard, rocket launchers, floating docks and submarines. In Land Defence, their products are used for battle tanks, motor casing of missiles, mine protected and combat vehicles, military and civil vehicles, artillery guns, morcha and machan.
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