Ministry of Ports, Shipping and Waterways of the Republic of India

10/31/2021 | Press release | Distributed by Public on 10/31/2021 07:37

Union Minister for Ports, Shipping and Waterways reviews the functioning of Cochin Shipyard Limited

Ministry of Ports, Shipping and Waterways

Union Minister for Ports, Shipping and Waterways reviews the functioning of Cochin Shipyard Limited

Posted On: 31 OCT 2021 6:58PM by PIB Delhi

Union Minister for Ports, Shipping and Waterways & Ayush Shri Sarbananda Sonowal, along with Shri Sanjeev Ranjan, Secretary, Ministry of Ports, Shipping and Waterways (MoPSW) and Shri Sanjay Bandopadhyaya, Additional Secretary (MoPSW) reviewed the progress and the functioning of Cochin Shipyard Limited (CSL) today during a meeting held with Shri Madhu S Nair, Chairman and Managing Director along with Shri Bejoy Bhaskar,Director (Technical),Shri Jose VJ, Director (Finance) and other Senior Officers.

The Minister and senior officers visited and reviewed the progress of Indigenous Aircraft Carrier being built by Cochin Shipyard along with the top Indian Navy officials during the second sea trials of IAC. Top senior officials of CSL were also present.

Indigenous Aircraft Carrier (IAC) 'Vikrant' designed by Indian Navy's Directorate of Naval Design (DND) is being built at Cochin Shipyard Limited (CSL), a Public Sector Shipyard under Ministry of Ports, Shipping & Waterways (MoPS&W).

The Indigenous design and construction of Aircraft Carrier by Indian Navy and Cochin Shipyard Ltd. is a shining example in the Nation's quest for 'Atma Nirbhar Bharat' and 'Make in India Initiative' with more than 76% indigenous content. This has led to growth in indigenous design and construction capabilities, besides development of large number of ancillary industries, with employment opportunities for over 2000 CSL personnel and about 12000 employees in ancillary industries.

The Minister will visit CSL tomorrow. He will inaugurate the Launching Ceremony of Five Vessels including two fully Electric autonomous Vessels for ASKO Maritime AS Norway and three Floating Border Outpost for BSF.

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MJPS/MS



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