SDHI & MDL Sign Exclusive Teaming Agreement for Design and Construction of LPDs for Indian Navy
SDHI and MDL signed an exclusive Teaming Agreement on October 28, 2025, for the design and construction of Landing Platform Docks (LPDs) for the Indian Navy, combining their expertise and infrastructure.
The agreement is for a large-scale defence project, the acquisition of LPDs, which represents a substantial new order and a long-term revenue stream for SDHI. This partnership with a Navratna company like MDL also enhances SDHI's market position and credibility in the defence sector. The project contributes to India's maritime capabilities and 'Atmanirbhar Bharat' initiative.
The announcement details a significant strategic partnership between SDHI and MDL for a major defence project (LPDs for the Indian Navy), indicating future business growth and revenue potential for SDHI. The collaboration is highlighted as a positive Public-Private Partnership.
* Swan Defence and Heavy Industries Limited (SDHI) and Mazagon Dock Shipbuilders Limited (MDL) signed an exclusive Teaming Agreement (TA) on October 28, 2025, during the India Maritime Week 2025 in Mumbai. * The agreement is for collaboration in the design and construction of Landing Platform Docks (LPDs) for the Indian Navy. * The Defence Acquisition Council (DAC) recently approved the acquisition of LPDs, which are critical for power projection, amphibious operations, and humanitarian assistance. * Under the TA, MDL will contribute its experience in ship design, project management, and system integration, while SDHI will provide its large shipbuilding infrastructure. * This partnership aims to combine the technical, financial, and operational strengths of both shipyards to deliver an optimal solution for the Indian Navy. * The collaboration embodies the spirit of Public-Private Partnership (PPP) to reduce build periods, enhance quality, and achieve cost efficiency. * Mr. Vivek Merchant, Director of SDHI, stated that the partnership reinforces commitment to 'Atmanirbhar Bharat' and developing India as a global shipbuilding hub. * Capt. Jagmohan, Chairman and Managing Director of MDL, emphasized delivering world-class ships built in India, for India, setting new benchmarks in quality, efficiency, and timeliness.
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Swan Defence and Heavy Industries Limited filed this with the NSE as a statutory disclosure, categorised under strategic partnerships. It is a primary document, not a recommendation, and the desk marks it high impact, which is the band that most often changes something.
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See the model portfoliosA plain-language summary of a public exchange filing by Swan Defence and Heavy Industries Limited. Read the original for the full detail.