Hindustan Shipyard signs Rs 19,000 Cr fleet support contract
DEFENSE

Hindustan Shipyard signs Rs 19,000 Cr fleet support contract

Hindustan Shipyard has achieved a major milestone by signing a ₹19,000 crore contract with the Indian defence ministry. The agreement outlines the construction of fleet support ships (FSS) that will play a pivotal role in augmenting the capabilities of the Indian Naval Fleet. These innovative vessels, designed to replenish ships at sea with vital supplies like fuel, water, ammunition, and stores, will enable prolonged operational periods without needing to return to the harbor. This enhancement in strategic reach and mobility aligns with the Indian Navy's ambitions.

The contract marks a significant step for the Indian shipbuilding industry, as the 44,000-ton fleet support ships will be the first of their kind to be constructed in India by an Indian Shipyard. This undertaking is poised to generate substantial employment opportunities, creating approximately 1.69 crore mandays over an eight-year span. Moreover, it is expected to foster collaboration among associated industries, including MSMEs, thereby boosting the nation's manufacturing ecosystem.

Integral to India's 'Aatmanirbhar Bharat' (self-reliant India) initiative, the majority of components for these vessels will be sourced from domestic manufacturers, aligning with the 'Make in India' vision of the government. With these strides, Hindustan Shipyard emerges as a key player in fortifying the nation's naval capabilities and propelling the growth of indigenous shipbuilding capabilities.

Hindustan Shipyard has achieved a major milestone by signing a ₹19,000 crore contract with the Indian defence ministry. The agreement outlines the construction of fleet support ships (FSS) that will play a pivotal role in augmenting the capabilities of the Indian Naval Fleet. These innovative vessels, designed to replenish ships at sea with vital supplies like fuel, water, ammunition, and stores, will enable prolonged operational periods without needing to return to the harbor. This enhancement in strategic reach and mobility aligns with the Indian Navy's ambitions. The contract marks a significant step for the Indian shipbuilding industry, as the 44,000-ton fleet support ships will be the first of their kind to be constructed in India by an Indian Shipyard. This undertaking is poised to generate substantial employment opportunities, creating approximately 1.69 crore mandays over an eight-year span. Moreover, it is expected to foster collaboration among associated industries, including MSMEs, thereby boosting the nation's manufacturing ecosystem. Integral to India's 'Aatmanirbhar Bharat' (self-reliant India) initiative, the majority of components for these vessels will be sourced from domestic manufacturers, aligning with the 'Make in India' vision of the government. With these strides, Hindustan Shipyard emerges as a key player in fortifying the nation's naval capabilities and propelling the growth of indigenous shipbuilding capabilities.

Next Story
Infrastructure Urban

CONCOR Launches Double-stack Service Between NCR and Varnama

State-run Container Corporation of India (CONCOR) has launched double-stack container train services between the National Capital Region (NCR) and Varnama near Baroda. This initiative aims to facilitate customers at Nhava Sheva near Mumbai, home to Jawaharlal Nehru Port (J N Port). On December 21, the first double-stack container train from Khatuwas and Dadri in NCR reached CONCOR’s Gati Shakti Multimodal Cargo Terminal (GCT) at Varnama, situated along the Western Dedicated Freight Corridor (WDFC). The train carried export cargo destined for J N Port, according to a statement from the state..

Next Story
Infrastructure Transport

Less than 10% of Rs 40 Billion State-aid for Shipbuilding Utilised

A government-sanctioned financial assistance program worth Rs 40 billion, intended to support local shipbuilders over a decade starting in April 2016, has seen minimal utilisation, with only Rs 3.85 billion—less than 10 per cent of the total fund—disbursed thus far. With 15 months remaining before the scheme concludes, its uptake has been limited. The financial aid applies to shipbuilding contracts signed between April 1, 2016, and March 31, 2026. According to a written response provided by Union Minister of Ports, Shipping, and Waterways Sarbananda Sonowal to the Rajya Sabha on December ..

Next Story
Infrastructure Transport

Civil Aviation Minister Opens New ATC Tower at Indore Airport

The Minister for Civil Aviation, Ram Mohan Naidu Kinjarapu, inaugurated the new Air Traffic Control (ATC) Tower-cum-technical block at Devi Ahilyabai Holkar International Airport in Indore, Madhya Pradesh. During the inauguration, the minister toured the facility, where ATC experts explained various technical aspects of tracking and coordinating flights from the newly constructed tower. In addition to the ATC tower, the airport has also introduced a zero-waste plant. The union minister confirmed that this initiative aligns with the government’s commitment to sustainability. Minister Ki..

Hi There!

"Now get regular updates from CW Magazine on WhatsApp!

Join the CW WhatsApp channel for the latest news, industry events, expert insights, and project updates from the construction and infrastructure industry.

Click the link below to join"

+91 81086 03000