Monday, June 29, 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

PIB
Projects

Project: PM Modi supports Seychelles developments

by Fiinews
June 29, 2026
0
22

Talks covered UPI, Health, Agriculture, Shipping, Space, Line of Credit Prime Minister Narendra Modi and President of Seychelles Dr Patrick...

PIB
Projects

Project: ICGS Akshay commissioned into fleet

by Fiinews
June 29, 2026
0
19

Fast Partrol Vessel to safeguard India’s maritime interests Bharatiya Tatrakshak or ICGS marked another milestone in its force modernisation with...

PIB

Project: DAE inaugurates Hydrogen Facility

June 27, 2026
14
Hindustan Power

Project: RE to shape future of power sector

June 26, 2026
21
Vedanta

Project: Vedanta’s 5 units for industrial growth

June 25, 2026
22
VOC Port Authority

Project: VOC makes decarbonisation progress

June 25, 2026
20
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
  • Investment: India welcomes US investment and technology collaboration

    0 shares
    Share 0 Tweet 0
  • Market: PM Modi-President Zelenskyy discussed trade and technology

    0 shares
    Share 0 Tweet 0
  • Manufacturing: Approved ‘BioE3’of Biotechnology Dept

    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

  • Invest: PFC-REC merger approved
  • Invest: CA Grameen raises Rs.425cr through NCDs
  • Invest: CARD91 to be leading payment company
  • Tech: IIT Alumni trains Singapore workers on AI
  • Project: PM Modi supports Seychelles developments

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.