Krasny - In pursuit of New Horizons in Defence
Krasny Defence Technologies Private Limited has expanded its services to the Indian armed forces through various collaborations with both Russian entities, for services to the Navy, and Western entities for services to the Coast Guard. Krasny is entering into MoU partnership with JSC Concern MORINFORMSYSTEM-AGAT which has received licence for military export. This may be a game changer for Krasny.
With over two decades of excellence in the field of defence equipment maintenance, Krasny Defence Technologies Pvt. Ltd. (formerly Krasny Marine Services Pvt. Ltd.) is expanding its business horizons in India’s defence sector. The company is a three-dimensional services enterprise engaged in rendering technical maintenance and logistic support for the equipment or systems of the Indian Navy, Naval Aviation and the Indian Coast Guard. With its moto “Serving to Grow & Growing to Serve”, Krasny is today the most preferred ship repair yard for the Indian Coast Guard, successfully undertaking Electrical & Electronic packages, Emergency Dry Dockings and wholesome refits of ICG vessels.
Krasny is manned and managed by technocrats of ex-Defence Services, Naval Dockyards and Merchant Marine. Following its unique policy of harnessing the core competence of ex-servicemen and adopting the time-tested HR management principles and practices, the company is progressing on its singular business focus of self-reliance in defence equipment maintenance. The Service Support Portfolio of the companies comprises of ship refits & repairs, electronic repairs, outfitting of new ships, turnkey services to OEMs, design support, logistic support (Supply of MIL grade components, Russian origin spares & components, connectors, etc.) and after sales service support. Krasny has over 36 wholesome refits to its credit, all done before time. All these have been achieved without having its own dry dock. This disadvantage is being addressed by tie-up with other shipyards along the Western and Eastern Coast.
Established in 1995, Krasny is the first private sector initiative in the field of defence equipment maintenance. It is also the first company in the country formed under the ‘SEMFEX Scheme’ [Self Employment Scheme for Ex-servicemen] with a business model of “harnessing the unutilized core competence of ex- servicemen” to service the highly technical naval equipment. With the turnkey refit of Indian Coast Guard Ship Vivek in 1995, Krasny became the frontrunner among the private sector ship repair yards. In 1998, Krasny created the first Indo-Ukrainian Joint Venture in India, Yugsudo Engineering Services Pvt. Ltd., in the private sector aimed at providing frontline product support and undertake turnkey modernization for ‘Orion family of Gas Turbine Control Systems installed on board 1241RE class of missile boats of the Indian Navy.
The formation of the first ever Indo-Russian JV in the private sector with Russian Govt. company, Concern Avrora Corporation in July 2001 was a milestone. The JV was subsequently instrumental in supplying high technology control systems for India’s prestigious stealth frigate Project–P17 as also the indigenously built Large Landing Craft of the Indian Navy. Creation of Rosoboronservice (India) Ltd., an Indo-Russian Joint Venture [JV] company incorporated in April 2005 under a Presidential Decree of the Government of Russian Federation with 7 Russian OEMs and Rosoboronsexport as partners for providing the complete after sales service support for Russian equipment in service with the Indian Armed Forces, was undoubtedly one of its kind of achievement of Krasny.
Winds of change began to blow in ‘after sales support from Russia’, ever since more and more enterprises received the authority for direct foreign economic activity in military purpose products (MPP) wherein they no longer need to operate through Rosoboronexport. JSC Agat, one of the giant “Concerns” with a history of over 70 years is one amongst them. JSC Agat is a leader in Fire Control Systems, Combat Information Control Systems and Computer Aided Integrated Ship Management Systems. Krasny has entered into a partnership agreement with JSC Agat to synergize and enhance the after sales support from JSC Agat.
Recently, Krasny has been an active participant in the “Society of Indian Defence Manufacturers (SIDM) sponsored, Military – Industrial Conference (MIC) being one amongst the firms identified and approved for collaboration with Russian OEMs, to enabling the Russian OEMs in enhancing after sales service and exploring joint manufacturing of spares. Over the past five years, Krasny has been supporting the Indian Army for the upkeep of its Tunguska Systems (ex-Russian Federation) besides offering Indigenous solutions for obsolescence for a few other systems. Parallelly, the company has also been undertaking rate repair contracts with Hindustan Aeronautics Ltd. for avionics of MIG series aircraft.
Today, spearheading as a leader in the field of defence equipment and ship maintenance in the country, Krasny Defence is in pursuit of further opportunities in defence sector to consolidate the basket of customised service support for the three services.