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Showing posts with the label Cochin Shipyard

Cochin Shipyard lowest bidder for Rs 10,000 crore contract to build missile vessels for Indian Navy

"At the meeting held today (February 23) at the Ministry of Defence, New Delhi, Cochin Shipyard Ltd (CSL) has been declared as L1 (the lowest bidder) in the tender floated by the Indian Navy for construction of six...Next Generation Missile Vessels (NGMV)," CSL said in a regulatory filing to the BSE. Cochin Shipyard on Tuesday said it has emerged as the lowest bidder for a Rs 10,000-crore contract by the Indian Navy, to build Next Generation Missile Vessels. The state-owned company has emerged as a forerunner in the Indian shipbuilding and ship repair industry that can build and repair the largest vessels in India. "At the meeting held today (February 23) at the Ministry of Defence, New Delhi, Cochin Shipyard Ltd (CSL) has been declared as L1 (the lowest bidder) in the tender floated by the Indian Navy for construction of six...Next Generation Missile Vessels (NGMV)," CSL said in a regulatory filing to the BSE. The estimated order value is around Rs 10,000 crore, th...

A Third Aircraft Carrier for India: Budget Versus Necessity

The newly-built INS Vikrant undocking, 2015 (Indian Navy) The Indian military is undergoing what may be its most significant reorganisation since India’s independence, with considerable implications for its future strategic posture. One important issue that has been brought to the fore is the role of the Indian Navy as a regional power projection force built around three aircraft carriers. The government’s decision on this issue will have significant implications for the region. The Indian Navy currently operates one carrier, the 45,000 tonne INS Vikramaditya, with a second, the 37,500 tonne INS Vikrant, having just entered sea trials. Both are “ski-jump” carriers. But the Indian Navy regards a third “flat-topped” aircraft carrier, the planned 65,000 tonne INS Vishal, with superior power projection capabilities, as an absolute necessity. The navy’s plans for a three-carrier based force structure, first proposed in early 2000s, has been accepted in principle. It would allow the navy to ...