Friday, March 20, 2026
  • Home
  • About us
  • Privacy policy
  • Advertise with us
  • Contact us
Fii News Logo
No Result
View All Result
  • Tenders
  • Projects
  • Markets
  • Manufacturing
  • Investment
  • Technology
  • Exports
Newsletter
  • Tenders
  • Projects
  • Markets
  • Manufacturing
  • Investment
  • Technology
  • Exports
Fiinews
No Result
View All Result
Home Projects

Projects: MoD-MDL sign Rs.1,070.47cr FPV contract

Fiinews by Fiinews
January 26, 2024
in Projects
Reading Time: 2 mins read
A A
0
MDL
0
SHARES
11
VIEWS
LinkedinShare on Twitter

FPVs to boost ICG focus of maritime security

The Ministry of Defence has signed Rs.1,070.47 crore Contract with Mazagon Dock Shipbuilders Ltd (MDL), Mumbai, on 24 Jan 2024 for acquisition of 14 Fast Patrol Vessels (FPVs) for the Indian Coast Guard (ICG).

These multi role FPVs will be indigenously designed, developed and manufactured by MDL under Buy (Indian-IDDM) Category and will be delivered in total 63 months.

Along with several high-tech advanced features and equipment, these FPVs will be equipped with multipurpose drones, wirelessly controlled remote water rescue craft lifebuoy and AI capability etc. enabling greater flexibility and operational edge to the ICG to face new age multidimensional challenges.

These modern FPVs will play a critical role in enhancing fisheries protection and monitoring, control and surveillance, anti-smuggling operations, search and rescue operations including in shallow waters, assistance to ship and crafts in distress, towing capabilities, assistance and monitoring during marine pollution response operations, anti-piracy operations.

The acquisition of these FPVs is aimed to boost ICG’s capability and reinforces the increased focus of the government towards maritime security.

In line with the ‘Atmanirbhar Bharat’, the contract will boost nation’s indigenous shipbuilding capability bolstering maritime economic activities and foster growth of ancillary industries especially the MSME Sector.

The project will effectively generate employment opportunities and expertise development in the country, said the Defence Ministry. Fiinews.com

Tags: Ministry of Defence
ShareTweetShare

Related Posts

Solarium
Projects

Project: Solarium commissions 1GW facility

by Fiinews
March 20, 2026
0
10

Rooftop company to manufacture large-format G12 solar modules Solarium Green Energy Limited, a leading rooftop solar EPC company in India,...

PIB
Projects

Project: Zero duty on imports of Nuke goods

by Fiinews
March 20, 2026
0
18

Lok Sabha updated on India’s nuclear plants Zero customs duty on the import of goods required for nuclear power projects...

Samsung

Project: RIL-Samsung signs Green Ammonia SPA

March 18, 2026
17
Re Sustainability

Project: Partnership to work on low-carbon economy

March 16, 2026
15
Bessco Renergo

Project: Bessco-Renergo embarks on 1,000MW RE plan

March 12, 2026
15
Hydrogen India

Project: Standards issued for ‘Green energy’

March 10, 2026
24
SBI YONO

POPULAR NEWS

  • Cristina Dnv

    Projects: Indian yards set to build green ships, says DNV expert

    0 shares
    Share 0 Tweet 0
  • Market: Indian-origin UGF scales heritage consumer brands globally

    0 shares
    Share 0 Tweet 0
  • Technologies: Royal Diamond sponsors aerspace Industries’ drones in UAE

    0 shares
    Share 0 Tweet 0
  • Investments: Foreign investors see India as long-term destination for fund placings

    0 shares
    Share 0 Tweet 0
  • Markets: Blue Dart maintains positive outlook on India

    0 shares
    Share 0 Tweet 0

Fiinews.com features through news articles on business opportunities in the Indian market for the benefits of foreigners. It is also a platform for international businesses to showcase through elaborate articles on their products & services to the Indian consumers and corporations exploiting industrialisation of the country.

7Clicks Media is a Singapore based Media & PR company offering over 100,000
impressions via our targeted communication strategy.

It is led by editor-in-chief Gurdip Singh who has worked over 45 years reporting on
Asian businesses.

Recent News

  • Project: Solarium commissions 1GW facility
  • Manufacture: Roche helps strengthen pharma sector
  • Manufacture: India must become drone hub
  • Manufacture: Bioeconomy grew 18% to $195bn in 2025
  • Manufacture: ICL opens facility for Indian market

Pages

  • About US
  • ADVERTISE ON FIINEWS.COM
  • CONTACT US
  • EVENTS
  • FII-NEWS.COM PDF ARCHIVE
  • Home
  • News
  • PRIVACY POLICY

Subscribe to Newsletter

  • About
  • Advertise
  • Careers
  • Contact us

© 2024 FIINEWS - Design and developed by 7clicksmedia.

No Result
View All Result
  • Tenders
  • Projects
  • Markets
  • Manufacturing
  • Investment
  • Technology
  • Exports

© 2024 FIINEWS - Design and developed by 7clicksmedia.