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"The approval for the acquisition of the next-gen missile vessels would help to "replace the ageing missile vessels and we needed a replacement. It will give a boost to the Navy and the nation," he added.
Of the 11 ships, seven will be indigenously designed, developed and manufactured by GSL and four by GRSE. The delivery of the ships is scheduled to commence in September 2026.
The Indian Ministry of Defence has signed contracts with local shipyards for the construction of 11 next-generation offshore patrol vessels (OPVs) and six next-generation missile vessels (NGMVs) for the Indian Navy.
In a huge boost to achieve ‘Aatmanirbharta’ in defence, Ministry of Defence, on March 30, 2023, signed contracts with Indian shipyards for acquisition of 11 Next Generation Offshore Patrol Vessels and six Next Generation Missile Vessels at an overall
MoD signs Rs 19,600-crore contracts with Indian shipyards for acquisition of 11 next generation offshore patrol vessels and six next generation missile vessels for Indian Navy; MoD also inks over Rs 9,100-crore contracts for improved Akash Weapon System and 12 weapon locating radars Swathi (Plains) for Indian Army