Rajasthan HC Orders Cyber Safety Reforms, Covering Influencer Rules and Aadhaar-Linked Digital IDs  ||  Bombay HC: SEBI Exercised Due Care and Caution in Approving the Wework India IPO Proposal  ||  Delhi HC: FEMA Summons Follow CPC, Not CrPC; ED May Call Women to Office For Statement Recording  ||  Kerala HC: Further Probe under Section 173(8) CrPC Allowed Only by Original Investigating Agency  ||  Delhi HC: Parties Must First Ask Social Media Platforms to Remove Content Before Seeking Injunction  ||  Supreme Court: Prosecutor Cannot Neglect Duty to Court in Pursuit of Securing Conviction  ||  Supreme Court: Selection Criteria Cannot be Altered After Interviews are Conducted  ||  NCLT Mumbai: Pending Cheque-Bounce Case Does not Prevent Admission of Insolvency Petition  ||  Kerala HC: Applications under the Muslim Women’s Divorce Act Have a 3-Year Limitation Period  ||  Supreme Court: Property Transferred Before Filing a Suit Cannot be Attached under Order 38 Rule 5    

Union Cabinet approves contract signing with L&T for three Cadet Training Ships, worth over Rs. 3,100 crore, under Buy (Indian-IDDM) category- (Press Information Bureau) (01 Mar 2023)

MANU/PIBU/0853/2023

Commercial

The Union Cabinet has accorded approval to sign a contract with Larsen & Toubro Limited (L&T) for acquisition of three Cadet Training Ships, at an overall cost of Rs. 3,108.09 crore, under Buy {Indian-IDDM (Indigenously Designed, Developed and Manufactured)} category. The delivery of ships is scheduled to commence from 2026.

These ships will cater to the training of officer cadets, including women, at sea after their basic training to meet the future requirements of the Indian Navy. The ships would also provide training to cadets from friendly countries with the aim to strengthen diplomatic relations. The ships can also be deployed for evacuation of people and Humanitarian Assistance and Disaster Relief (HADR).

The ships will be indigenously designed, developed and constructed at L&T shipyard in Kattupalli, Chennai. The project will generate an employment of 22.5 lakh man-days over a period of four-and-half years. This will encourage active participation of Indian shipbuilding and associated industries, including MSMEs. With the majority of the equipment and systems sourced from indigenous manufacturers, these vessels will be a proud flag bearer of 'Aatmanirbhar Bharat' in consonance with the 'Make in India' initiative of the Government.

Tags : APPROVAL   CONTRACT   INDIAN-IDDM  

Share :        

Disclaimer | Copyright 2025 - All Rights Reserved