Which business received a 19,000 crore contract from the Ministry of Defense for five Fleet Support Ships for the Indian Navy?
Hindustan Shipyard Limited.
2023 August
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In order to purchase five Fleet Support Ships (FSS) for the Indian Navy at a total cost of Rs 19,000 crore, the Ministry of Defense signed a contract with Hindustan Shipyard Limited (HSL), Visakhapatnam. As these ships will be locally designed and built by HSL, Visakhapatnam, it would be a significant step toward achieving the goal of self-reliance in the defense manufacturing industry.