This Shipyard Will Build Next Generation Missile Vessels For Indian Navy
NDTV
In addition to the above, the state-run entity is also building eight Anti Submarine Warfare Shallow Water Crafts for the Navy and these vessels are under various stages of construction at the yard.
The Cochin Shipyard Limited has signed a contract for building six Next Generation Missile Vessels (NGMV) for the Indian Navy at a cost of Rs 9,805 crore with the delivery of ships set to begin from 2027.
The state-run shipyard said the contract marks its entry into advanced weapon intense platforms.
"The primary role of the ships would be to provide offensive capability against enemy warship, merchantmen and land targets," Cochin Shipyard said in a release.
It said the delivery of ships is scheduled to commence from March 2027.
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