MoD inks contract worth ₹1207 Cr with Cochin Shipyard Ltd for SRDD of INS Vikramaditya

After completion of the Refit, INS Vikramaditya will join the active fleet of Indian Navy with upgraded combat capability.

Published on:

30 Nov 2024, 12:52 pm

New Delhi: The Ministry of Defence has signed a contract with M/s Cochin Shipyard Limited on 30th Nov 2024 for Short Refit and Dry Docking (SRDD) of INS Vikramaditya at an overall cost of Rs. 1207.5 Cr.

INS Vikramaditya is an Indian Aircraft Carrier commissioned in the Indian Navy in November, 2013. After completion of the Refit, INS Vikramaditya will join the active fleet of Indian Navy with upgraded combat capability.

In a statement, the ministry said the project is an important step towards development of Cochin Shipyard Limited as Maintenance, Repair & Overhaul (MRO) Hub for supporting industrial ecosystem of India. The project envisages involvement of nearly 50 MSMEs and would lead to employment generation for more than 3500 personnel.

The Project will provide a major boost to Government of India's vision of Atmanirbhar Bharat and Make in India initiative, it added.