New Delhi: Indian Navy has received a fully indigenised fuze for underwater anti-submarine warfare rocket manufactured for the first time by a private Indian industry Economic Explosives Ltd, as reported by the news agency ANI. EEL CMD Nuwal, handed over first consignment of the fuze to Navy Vice Chief Vice Admiral SN Ghormade. “This would be the first time the Indian Navy has placed a supply order for underwater ammunition fuze to an Indian private industry player,” Indian Navy said, ANI reported.
Indian Navy has received a fully indigenised fuze for underwater anti-submarine warfare rocket manufactured for the first time by a pvt Indian industry Economic Explosives Ltd. EEL CMD Nuwal, handed over first consignment of the fuze to Navy Vice Chief Vice Admiral SN Ghormade pic.twitter.com/mQU0mzk8iW
— ANI (@ANI) March 4, 2023
Earlier on Wednesday, the Union Cabinet accorded approval to sign a contract with Larsen and Toubro (L&T) for the acquisition of three cadet training ships at an overall cost of Rs 3,108.09 crore, under Buy (Indian-Indigenously Designed, Developed and Manufactured) category. The delivery of ships is scheduled to commence from 2026.
According to a statement from the ministry of defence, 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), as reported by ANI. The ships will be indigenously designed, developed and constructed at L&T shipyard in Kattupalli, Chennai.
According to ANI, 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 micro, small and medium enterprise (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.
Buy (Indian-IDDM) category refers to the procurement of products from an Indian vendor that have been indigenously designed, developed and manufactured with a minimum of 50 per cent Indigenous Content (IC) on cost basis of the total contract value, according to the ministry’s website.
