Defence ministry, Hindustan Shipyard Ltd ink Rs 19,000 crore deal for 5 fleet support ships

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New Delhi:A week after the Cabinet Committee for Security (CCS) cleared the acquisition of the fleet support ships for the Indian Navy, the Ministry of Defence on Friday signed a contract worth Rs 19,000 crore with the Hindustan Shipyard Ltd (HSL) for the construction of five vessels...

Sources in the security and defence establishment said the Indian Navy plans to have at least eight fleet support vessels in operations by 2030 to support the extensive deployment of the force...

The Indian Navy had, in 2013, announced a plan to acquire five new fleet support ships under the category of global buy for meeting its expanding responsibilities over the years...

The support vessels will be used as a lifeline for other naval ships for replenishment at sea with fuel, water, ammunition, and stores, ensuring that they can operate for prolonged periods without returning to harbours...

While the project promises generation of employment for a period of eight years, the construction of these ships is expected to provide a new dimension to the Indian shipbuilding industry and encourage participation of associated industries, including MSMEs...

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