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Govt seals contract with Goa Shipyard Limited for 8 patrol vessels

The ministry said the vessels will be indigenously designed, developed and manufactured by the GSL and the project would boost the domestic shipbuilding capability and increase employment opportunities in the sector.

March 28, 2022 / 05:48 PM IST
Source: Defence Ministry Twitter

Source: Defence Ministry Twitter

The defence ministry on Monday said it signed a Rs 473- crore contract with Goa Shipyard Limited (GSL) for the construction of eight high-speed patrol vessels for the Indian Coast Guard.

The ministry said the vessels will be indigenously designed, developed and manufactured by the GSL and the project would boost the domestic shipbuilding capability and increase employment opportunities in the sector.

"These eight high-speed vessels will be based along the coast of India with the capability to operate in shallow waters and enhance the security apparatus along the vast coastline,” the ministry said.

"The contract will further boost the government’s resolve of making India a defence manufacturing hub which caters to not only the domestic needs but also the export market,” it said in a statement.