Cochin Shipyard Limited to construct 6 'Next Generation Missile Vessels' (NGMV) for India Navy
Cochin Shipyard Limited (CSL) has signed a contract with Indian Navy for the construction of 6 nos. of Next Generation Missile Vessels (NGMVs) at a total contract price of Rs. 9,805 Crore.
The first vessel is to be delivered in 48 months and the last vessel in 108 months.
The NGMVs would be heavily armed war vessels incorporating stealth, high speed and offensive capability. The primary role of the ships would be to provide offensive capability against enemy warship, merchantmen and land targets.
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. The construction of these ships will generate an employment of 45 lakh man-days over a period of nine years.
The indigenous manufacturing of these vessels will encourage the active participation of Indian shipbuilding and associated industries, including MSMEs. With the majority of the equipment and systems sourced from indigenous manufacturers, these vessels will be a proud flag bearer of ‘Aatmanirbhar Bharat’.
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