Mumbai, April 29 -- Swan Defence and Heavy Industries Limited (SDHI) on Tuesday signed a strategic memorandum of understanding (MoU) with Wheel & Time Shipping Transport Logistics, to launch India's first integrated F.A.S.T. (Fabrication, Assembly, Storage, and Transportation) commercial logistics ecosystem at its state-of-the-art shipyard in Pipavav, Gujarat.

The F.A.S.T. model offers an unmatched turnkey ecosystem for executing heavy engineering projects in India by bringing together SDHI's advanced fabrication and waterfront infrastructure and Wheel & Time's end-to-end heavy logistics capabilities, a SDHI release said.

The partnership will benefit high-value, time-sensitive projects and will target clientele dealing with material handl...