Cochin Shipyard Ltd has signed a contract for building six Next Generation Missile Vessels (NGMV) for Indian Navy at a cost of ₹9,805 crore.
The delivery of ships is scheduled to commence from March 2027. The NGMVs would be heavily armed war vessels incorporating stealth, high speed and offensive capability.
This marks CSL’s entry into advanced weapon intense platforms. The primary role of the ships would be to provide offensive capability against enemy warship, merchantmen and land targets.
Also read: MoD signs 3 defence contracts worth ₹5,400 cr for Army, Navy
Maritime strike operations
These ships will be capable of conducting Maritime Strike Operations, Anti Surface Warfare Operations and would be a potent instrument of sea denial for enemy ships especially at choke points.
In defensive role, these ships would be employed for local naval defence operations and seaward defence of Offshore Development Area.
“At the backdrop of successfully delivering country’s first indigenous aircraft carrier we are keen on taking up the construction of NGMVs and serve the country” said Madhu S Nair, CMD, CSL.
The project is expected to create several man hours of job as well as a major boost for MSME sector and India’s goal to achieve ‘Atmanirbharatha’.
In addition, CSL is also building eight Anti Submarine Warfare Shallow Water Crafts for the Indian Navy and these vessels are under various stages of construction at the yard.
Comments
COMMENT NOW
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.