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Indian Navy to Boost Domestic Ship Building


Indian Navy to Boost Domestic Ship Building, Address by Admiral Karambir Singh, CNS, during FICCI International Seminar on ‘Nation Building Through Ship Building, Federation of Indian Chambers of Commerce and Industry for hosting this seminar; Government has announced plans to take our country’s economy on a trajectory to be a 5 trillion Dollar economy by 2024. I think ship-building is a sector that can contribute significantly. I’m sure several speakers today would discuss measures to spur on ship-building, especially commercial ship-building, in India. I will, however, dwell on the Indian Navy’s ship building initiatives and its linkage to nation building,  Indian Navy is fully invested in encouraging an indigenous ship-building ecosystem 50 years before ‘Make in India’ became a national Mission, the Navy took formative steps towards indigenous ship-building, through creation of an in-house ‘Central Design Office’ in 1964. The Navy has, to date, designed more than 90 warships across 19 different classes. .......................

 

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