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Thursday, May 26, 2011

ABG Shipyard Ltd: Received Industrial Licenses for Design and Construction of Naval Warship and Naval Support Ships etc.

ABG Shipyard Ltd has informed BSE that Ministry of Commerce & industry has awarded industrial Licenses for Design & Construction of Defence ships to the Company. The Company are qualified for building:

1. Naval Warships and Naval Support Ships etc.

2. Submarines and Underwater Vessels.

3. Fast attack Crafts,

4. Weapons and Equipment including their Mounts, turrets, launchers, etc. along with associated systems, sub-systems and all types of assemblies for Navy, Army and the Air Force.

5. Command Control Communication Computers and intelligence (C41) systems, Sub-systems, etc. for the Navy, Army and the Air Force.

6. Propulsion system, Subsystems etc. for Naval Ships.

The said licenses are issued for the Surat as well Dahej shipyards of the Company.

ABG is one of the few yards that are being approved for submarine production as well.

This open a major opportunity for Defence shipbuilding in India, which is the one of the long term objective.

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