Vasco: Goa Shipyard Limited has signed a contract for construction of two advanced missile frigates for the Indian Navy which is the largest order in the history of the state-based shipyard, Union Minister of State for Defence Shripad Naik said.
Naik said that the project will be a stepping stone for the GSL to construct weapon-intensive and technologically advanced warships in the future, and will bolster the ‘Make In India’ objective of the union government.
The union minister was speaking during launching of Offshore Patrol Vessel for Indian Coast Guard. Director General of ICG Krishnaswamy Natrajan, Union Secretary Defence Production Subhash Chandra were also present on the occasion.
“In recognition of the shipyard’s performance and capabilities, the union government has signed a contract for construction of two Advanced Missile Frigates for the Indian Navy. This is the largest order in the history of GSL and I am confident that with the dedication of all workers and management, the Shipyard will execute the project in a time bound and effective manner,” the minister said.
Naik said that the execution of this order will ensure work opportunities to large number of MSMEs in the state of Goa.
Stressing for increasing the exports of defence products, the union minister said that government has been giving a lot of impetus to exports and a number of favourable “policy changes have been implemented to promote exports of defence products.”
“I am pleased to see Public Sector Undertaking Shipyards such as GSL are actively involved in exports and closely interacting with the number of Asia and African countries,” he said.
“Some of the projects are at very advanced stages of conclusion. I urge you to continue the momentum and increase your global footprint,” the minister added.
Naik said that the DEFEXPO 2020 which is scheduled to be held in Lucknow in February 2020 wil also offer an excellent opportunity to showcase the capabilities of our defence and shipbuilding industry to foreign visitors and promote export potential.