Ministry of Defence signs Rs 19,600 crore contracts with Indian shipyards

In a tweet Office of Raksha Mantri informed that Ministry of Defence, on March 30, 2023, signed contracts with Indian shipyards for acquisition of 11 Next Generation Offshore Patrol Vessels and six Next Generation Missile Vessels at an overall cost of approx. Rs 19,600 crore.

In reply to RMO India tweet, the Prime Minister said;

“This will strengthen the Indian Navy and add momentum to our aim of Aatmanirbharta.”

Ship Building by Public Sector Shipyards

There are two Public Sector Shipyards viz. Cochin Shipyard Limited(CSL) , Kochi and Hooghly Dock & Port Engineers Limited (HDPEL), Kolkata under the administrative control of Ministry of Shipping and four Public Sector Shipyards under the administrative control of Ministry of Defence viz. Mazagon Dock Limited (MDL), Mumbai, Garden Reach Shipbuilders & Engineers Limited (GRSEL), Kolkata, Hindustan Shipyard Limited(HSL), Visakhapatnam and Goa Shipyard Limited (GSL),Goa.