We supply and overhaul MTU 396-04; MTU 4000; MTU 1163; and MTU 538 class diesel engines through our engine production division at DEP. We have recently modernized the assembly and testing facilities for marine engines unit at DEP with an investment of around ₹100 million. Consequent to this, a service partner agreement was signed with MTU (India) for undertaking W6 routines of MTU 4,000, MTU 538 and MTU 396 series engines. We also have a license agreement with MTU Germany for semi knocked down assembly of MTU 12V/ 16V 4000M90 engines and to produce parts of engines.
In relation to our DEP, our Company entered into several arrangements including for transfer of technology and licensing with MTU for the production of high speed and high power to weight ratio diesel engines for the naval vessels. In collaboration with MTU, our Company has supplied over one hundred forty-nine (149) engines of various configurations for marine applications and has also carried out overhaul and repair of over eighty-one (81) engines of various series. Further, we are in the process of indigenizing around 60% of engine parts over the next four (4) to five (5) years under the “Make in India” program.
Further, we have entered into a MoU for development of engines for marine applications with an engine manufacturer in October 2017. The scope of collaboration is to produce diesel engines for diesel alternators for marine applications for Indian Navy, Indian Coast Guard, inland waterways, boats of MHA, etc. vessels in the range 50-500 kW with an aim towards self-reliance and to promote “Make in India” initiatives. The vast majority of our engines are supplied to the Indian Navy and Indian Coast Guard.