Thursday, 12 April 2018

Dcm Shriram Industries Limited Forays Into Defence Manufacturing

Chennai, 11th April 2018: DCM Shriram Industries Limited (DSIL) announced their new venture into defence equipment manufacturing. The company has successfully, indigenously, designed, tested and developed a light bullet proof vehicle for use by the Indian Defence and Para-Military Forces in their strategic activities against foreign aggressors as well as internal insurgencies.
Mr. Tilak Dhar, Chairman and Managing Director, DSIL said, “It is with great pride that I announce the development and launch of ZEBU, a Light Bullet Proof Vehicle (LBPV) for supply to the Indian Defence and Para-Military Forces by DCM Shriram Industries Limited. Our group, under the guidance of Lala Shriram and later Lala Bansi Dhar, has been part of the nation building exercise for over 125 years. We started manufacturing Make in India products in 1890 and have consistently worked towards import substitution and creating industrial wealth in India. We believe that this project will create jobs not only in our company but in a series of auto ancillary units and allied services, bringing prosperity to the nation”.
Mr. Alok B. Shriram, Vice Chairman and Deputy Managing Director, DSIL added, “In addition to providing vehicles in India, our aim is to also export them to other nations and peace-keeping forces. Our company decided to foray into the defence equipment manufacturing space after the announcement of the DPP 2016 by the Indian government. We have shortlisted 4 areas which we would like to concentrate on, the primary one being armoured vehicles. The ZEBU is meant for protection of the Indian armed forces against light automatic weapon fire, small grenade and IED blasts. This is the major service condition for our troops on the border and against internal insurgents in North, Central and East India. DSIL is launching the ZEBU with the single aim of Protecting Our Protectors!”.

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