November 29, 2023
2 mins read

Indian Navy Advances Second Aircraft Carrier Project

The Navy advocates for a 45,000-ton displacement for IAC-II, expected to be constructed by Cochin Shipyard Ltd at an estimated cost of Rs 40,000 crore….reports Asian Lite News

Amid escalating Chinese activity in the Indian Ocean region, the Defence Procurement Board has given preliminary approval for a second indigenous aircraft carrier.

The Defence Acquisition Council, led by Defence Minister Rajnath Singh, is set to review the Indian Navy’s carrier project and decide on acquiring 97 Tejas LCA Mark-I from HAL and upgrading 84 Su-30MKI in a Thursday meeting.

Defence Ministry sources revealed that the DPB’s “in-principle” consent for the Indian Aircraft Carrier-II, akin to INS Vikrant, paves the way for a critical decision on the long-awaited project.

The Navy advocates for a 45,000-ton displacement for IAC-II, expected to be constructed by Cochin Shipyard Ltd at an estimated cost of Rs 40,000 crore.

The DAC will also weigh the IAF’s proposal for 97 Tejas Mark-1A aircraft and the upgrade of 84 Su-30 Mk-1, a key component of India’s fighter fleet.

Meanwhile, the Indian Navy will get medium calibre anti-missile/anti-aircraft point defence weapon system for its vessels, it was announced on Tuesday.

The equipment and accessories are worth Rs 2,956.89 crore, a Defence Ministry statement said.

According to it, the weapon system is capable of multiple engagements in multi-threat scenarios and has a proven record of very good performance against missiles and highly maneuverable fast attack crafts.

The Ministry of Defence has signed a contract with Bharat Heavy Electricals Ltd (BHEL), Haridwar, for procurement of 16 Upgraded Super Rapid Gun Mount (SRGM) along with associated equipment/accessories for the Indian Navy under Buy (Indian) category at a total cost of Rs 2,956.89 crore.

The upgraded SRGM, which will be manufactured by BHEL at its Haridwar plant, is a medium calibre anti-missile/anti-aircraft point defence weapon system which provides a sustained rate of fire and high accuracy, officials added.

Upgraded SRGMs will be installed onboard Indian Navy’s in-service and new-built ships by Mazagaon Dock and Shipbuilders Ltd., Mumbai, and Garden Reach Shipbuilders and Engineers, Kolkata, an official said.

The Defence Ministry said that the project will generate an employment of two and half lakh mandays over a period of five years and encourage active participation of various Indian industries including MSMEs, thus contributing to the government’s efforts to achieve ‘Atmanirbharta’ in defence.

ALSO READ: Maiden EU-India Navy Exercise in Gulf of Guinea

Previous Story

Bombay HC Rejects PIL Based on Social Media

Next Story

Defence Ministry Set to Greenlight ₹1.3L Cr Aircraft Projects

Previous Story

Bombay HC Rejects PIL Based on Social Media

Next Story

Defence Ministry Set to Greenlight ₹1.3L Cr Aircraft Projects

Latest from -Top News

India, Thailand Seek Stronger Trade

India and Thailand have discussed strengthening trade and investment ties, with tariff barriers and balanced trade among key areas of focus…reports Asian Lite News Desk India and Thailand have discussed ways to

India, New Zealand FTA Nears Takeoff

India and New Zealand are expected to bring their free trade agreement into force within a month after Wellington’s Parliament approved the pact…report Asian Lite News Desk The India-New Zealand Free Trade

US Targets South African Officials

US visa restrictions on South African officials deepen tensions over race, land reform and Afrikaner rights, as Pretoria rejects Washington’s allegations and defends sovereignty, reports Africa Daily News Desk The United States

Africa’s China Trade Test

China’s tariff-free access opens a vast market for Africa, but governments face pressure to move beyond raw commodities and build higher-value industries, reports Africa Daily News Desk China’s decision to remove tariffs

Jaishankar Meets Bhutan King

India’s EAM S Jaishankar meets Bhutan’s King and PM, reinforcing bilateral ties and cooperation in sustainable transport, reports Asian Lite News Desk. India’s External Affairs Minister S Jaishankar met Bhutan’s King Jigme
Go toTop

Don't Miss

Delhi Gears Up for India–Arab Foreign Ministers’ Summit

Welcoming the delegates, the Ministry of External Affairs (MEA) said

India’s Digital Strategy Spotlighted at UK Summit

More than 2,000 global AI experts, policy-makers, artificial intelligence (AI)