The Ministry of Defence (MoD) signed a contract with Cochin Shipyard Limited (CSL) on 30th November 2024 for the Short Refit and Dry Docking (SRDD) of INS Vikramaditya, an Indian Navy aircraft carrier, at a cost of ₹1207.5 crore.

Key Details:

  1. INS Vikramaditya:
    • Commissioned into the Indian Navy in November 2013.
    • Post-refit, it will rejoin the Navy’s fleet with enhanced combat capabilities.
  2. Significance of the Project:
    • Aims to establish Cochin Shipyard Limited as a key Maintenance, Repair, and Overhaul (MRO) hub in India.
    • Involves nearly 50 MSMEs, contributing to India’s industrial ecosystem.
    • Expected to generate employment for over 3,500 personnel.
  3. Strategic Impact:
    • Aligns with the Government’s Atmanirbhar Bharat and Make in India initiatives by enhancing domestic capabilities in shipbuilding and maintenance.
    • Strengthens India’s maritime defense infrastructure.