Pipavav Shipyard gets licence for warship production
03 Nov 2010
Pipavav Shipyard has received c, making it the first shipyard in the private sector to receive such a licence.
The department of industrial policy and promotion (DIPP) issued the licence after screening by the ministries of home and defence and other related agencies, Pipavav said in a release.
The licence allows the shipyard to bid for construction of submarines, destroyers, frigates, LDP, coverettes as also aircraft carriers.
The licence permits Pipavav Shipyard to build five war ships in a year. With the average construction time of 3-4 years for a warship, Pipavav can take up construction of up to 20 warships at any given time, the company said.
Pipavav Shipyard is the only modular defence-focused shipbuilding company, which can build warships in a much shorter time and in a cost-efficient manner, the company said.
The shipyard is capable of building new aircraft carrier and dry-docking of INS Vikramaditya (ex-Admiral Gorshkov) for repairs and maintenance, simultaneously.
