Ministry of Defence Signs Rs 1207.5 Crore Contract with CSL for INS Vikramaditya Refitting.
Defence
On November 30, 2024, the Ministry of Defence (MoD) signed a Rs 1207.5 crore contract with Kochi-based Cochin Shipyard Limited (CSL) for the Short Refit and Dry Docking (SRDD) of INS Vikramaditya, the flagship aircraft carrier of the Indian Navy (IN).
- The contract will span 5 months and is crucial in enhancing India's naval capabilities, aligning with the Atmanirbhar Bharat and Make in India initiatives to promote self-reliance and boost domestic manufacturing in the maritime sector.
- INS Vikramaditya, a 45,000-tonne aircraft carrier originally acquired from Russia, has been in active service since 2013, safeguarding India’s interests in the Indian Ocean Region (IOR).
- The SRDD will include key upgrades such as enhancing combat systems, overhauling operational equipment, and strengthening support mechanisms to improve overall functionality and operational readiness.
Main Point :- (i) These upgrades will elevate INS Vikramaditya's ability to respond to evolving maritime challenges, ensuring it remains a cutting-edge asset in India's naval forces.
(ii) The project will also establish CSL as a prominent Maintenance, Repair, and Overhaul (MRO) hub, contributing significantly to the growth of India's industrial ecosystem and boosting employment.
(iii) By involving around 50 Micro, Small, and Medium Enterprises (MSMEs), the project is expected to generate employment for over 3,500 individuals, further supporting the Indian economy.
About Cochin Shipyard Limited (CSL)
Chairman & Managing Director (CMD) : Madhu S. Nair
Headquarters: Kochi, Kerala
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