April 21, 2026 07:09 am (IST)
Follow us:
facebook-white sharing button
twitter-white sharing button
instagram-white sharing button
youtube-white sharing button
15 killed, 20 injured as bus plunges into gorge in J&K’s Udhampur | Oil jumps over 5% as Strait of Hormuz closure fuels supply fears | Pushback from smartphone makers: Centre drops Aadhaar app pre-install plan — report | Meta eyes first wave of layoffs on May 20: Report | TCS breaks silence on Nida Khan: ‘No HR role, no power’ in Nashik case | ‘Panic reaction’: Rahul Gandhi on women’s bill, says PM Modi ‘wants to send a message’ | Adani Group shares rise as Gautam Adani becomes Asia’s richest, overtakes Mukesh Ambani | TCS Nashik ‘conversion’ case accused seeks anticipatory bail citing pregnancy | IT raids TMC candidate Debasish Kumar’s premises ahead of Bengal polls | Bengal SIR: Supreme Court allows voters restored by tribunal till April 21 and 27 to vote
Image Courtesy: Pixabay

Defence Ministry inks Rs 19,000 crore contract with HSL for five Fleet Support Ships for Indian Navy

| @indiablooms | Aug 26, 2023, at 07:23 am

New Delhi: The Ministry of Defence on Friday signed a contract with Hindustan Shipyard Limited (HSL), Visakhapatnam for the acquisition of five Fleet Support Ships (FSS) for the Indian Navy at an approx. overall cost of Rs 19,000 crore.

“It would be a major boost towards achieving the goal of self-reliance in defence manufacturing as these ships will be indigenously designed and constructed by HSL, Visakhapatnam,” the Ministry said in a statement.

The Cabinet Committee on Security had approved the acquisition of these ships during its meeting on August 16, 2023.

The FSS will be employed for replenishing ships at sea with fuel, water, ammunition and stores, enabling the Indian Naval Fleet to operate for prolonged periods without returning to harbour.

These ships would enhance the strategic reach and mobility of the Fleet.

The induction of these ships will significantly enhance the blue water capability of the Indian Navy.

The ships can also be deployed for evacuation of people and human assistance and disaster relief (HADR) operations.

The Fleet Support Ships of 44,000 Tons will be the first of its kind to be built in India by an Indian Shipyard.

This project will generate employment of nearly 168.8 lakh man-days over a period of eight years.

The construction of these ships will provide a new dimension to the Indian shipbuilding Industry and encourage active participation of associated industries, including MSMEs.

“With majority of the equipment and systems being sourced from indigenous manufacturers, these vessels will be a proud flag bearer of ‘Aatmanirbhar Bharat’ in consonance with the ‘Make in India’ initiatives of the Government,” the Defence Ministry said.

Support Our Journalism

We cannot do without you.. your contribution supports unbiased journalism

IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.

Support objective journalism for a small contribution.
Related Videos
RBI announces repo rate cut Jun 06, 2025, at 10:51 am
FM Nirmala Sitharaman presents Budget 2025 Feb 01, 2025, at 03:45 pm
Nirmala Sitharaman on Budget 2024 Jul 23, 2024, at 09:30 pm