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Cochin Shipyard to construct 6 Next Generation Missile Vessels for Indian Navy

Cochin Shipyard signs deal with Ministry of Defence (MoD) for construction of 6 NGMVs.

After successfully constructing India’s first indigenous aircraft carrier INS Vikrant, Cochin Shipyard Limited (CSL) has bagged another major defence deal for constructing six Next Generation Missile Vessels (NGMV) at a cost of Rs 9,805 crore for Indian Navy.

The deal for constructing the six NGMVs was signed between Ministry of Defence (MoD) and Cochin Shipyard today. As per an official statement of the Ministry of Defence (MoD), the Cochin Shipyard has been given the deal to construct the six heavily armed NGMVs incorporating stealth, high speed and offensive capabilities.

“The contract for acquisition of six Next Generation Missile Vessels (NGMV) was signed with Cochin Shipyard Limited (CSL) at a cost of Rs 9,805 crore. The delivery of ships is scheduled to commence from March 2027. 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 warships, merchantmen and land targets,” the official statement said.

The NGMVs 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 the 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’.

The MoD also signed a contract for acquisition of 11 Next Generation Offshore Patrol Vessels under Buy (Indian-IDDM) category with Goa Shipyard Ltd (GSL) and Garden Reach Shipbuilders and Engineers (GRSE), Kolkata at a total cost of Rs 9,781 crore. Of the 11 ships, seven will be indigenously designed, developed & manufactured by GSL and four by GRSE. The delivery of the ships is scheduled to commence from September 2026.

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