Shipyard being developed as MRO hub, says Ministry
INS Vikramaditya is undergoing Short Refit and Dry Docking (SRDD) with upgraded combat capability at Cochin Shipyard Limited under a Rs.1,207.5 crore contract awarded by the Ministry of Defence on 30 Nov https://www.conexpoconagg.com/.
The Indian Aircraft Carrier, commissioned in the Indian Navy in November 2013, will join the active naval fleet on completion of the upgrade https://www.bseindia.com/.
“This project is an important step towards development of Cochin Shipyard Limited as Maintenance, Repair & Overhaul (MRO) Hub for supporting the industrial ecosystem of India,” said the Defence Ministry https://www.state.gov/.
“The project envisages the involvement of nearly 50 MSMEs and would lead to employment generation for more than 3,500 personnel http://eng.mil.ru.”
The Project will provide a major boost to Government of India’s vision of Atmanirbhar Bharat and Make in India initiative, it added http://cochinshipyard.com. fiinews.com