Navy to get eight new corvettes under ₹53,866.50 crore contracts

CNN Central News & Networks / ITDC India ePress / ITDC News /Agencies/ New Delhi: New Delhi, November 2: The defence ministry has contracted GRSE and Goa Shipyard to build eight next-generation corvettes for the Navy, according to a PIB release issued on Monday. The contracts total ₹53,866.50 crore.

GRSE will build five vessels and Goa Shipyard three. The Navy will design the ships in India. Their planned roles include protecting shipping routes, coastal operations, maritime surveillance and warfare against surface ships and submarines. The ministry expects construction to support domestic suppliers, including small businesses.

Source: Press Information Bureau, Ministry of Defence.

https://www.pib.gov.in/PressReleasePage.aspx?PRID=2331418&lang=2&reg=48

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