NB Explains | Rs 19,000 crore boost for Indian Navy

NewsBharati    26-Aug-2023 09:45:42 AM
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New Delhi, Aug 26: In a significant development, the Ministry of Defence signed a contract with Hindustan Shipyard Limited (HSL), Visakhapatnam, for acquisition of five fleet support ships (FSS) for the Indian Navy at a cumulative cost of approximately Rs 19,000 crore.

Fleet Support Ship Rs 19000 crore Indian Navy 
 

A boost for Indian Navy

 
"It would be a major boost towards achieving the goal of self-reliance in defence manufacturing as these ships will be indigenously designed and constructed by HSL, Visakhapatnam," the ministry of defence said in a statement.
 
 
 
It should be noted that the Cabinet Committee on Security had approved the acquisition of these ships during its meeting on 16 August, 2023.
 

Fleet Support Ships

 
The FSS will be employed for replenishing ships at sea with fuel, water, ammunition and stores, enabling the Indian Naval Fleet to operate for prolonged periods without returning to harbour. These ships would enhance the strategic reach and mobility of the fleet.
 
The induction of these ships will significantly enhance the blue water capability of the Indian Navy. The ships can also be deployed for evacuation of people and human assistance and disaster relief (HADR) operations.
 
The Fleet Support Ships of 44,000 tonne will be the first-of-its kind to be built in India by an Indian shipyard. This project will generate employment of nearly 16.88 million man-days over a period of eight years.
 
The construction of these ships will provide a new dimension to the Indian shipbuilding industry and encourage active participation of associated industries, including MSMEs.