SHIP CONSTRUCTIONS IN SHIP YARD AFTER 2019

 

Visakhapatnam, April 20, (globelmedianews.com):
Visakhapatnam public sector firm Hindustan Shipyard has good days. With new orders coming out, the shipyard will change the lines.  In the world's largest naval construction center in South Korea, the Hyundai Heavy Industries company is planning to build five Fleet Support Ships in Hindustan Shipyard with technology. He said Rs 10,000 crore would be spent on this. In this regard, South Korean and Indian governments have been among the longest contracts in 2015. Sharat Babu said the vessel was ready to take up the construction of the vessel and that the vessel would enter the water within a period of two years.



 SHIP CONSTRUCTIONS IN SHIP YARD AFTER 2019

 The central government has intended to build warships and submarines under P-75. The project was delayed due to inevitable reasons. Sharat Babu said that the Government of India agreed to use South Korean technology. He also said that South Korea will cooperate in making the Hindustan Shipyard as a world-class naval base. If this happens, Hindustan Shipping is likely to be at the top of the state-owned shipping companies in the country. We will build two strategic operating vessels with these vessels, including Rs 6,000 crore. Also, two cadet training ships, Nine 25th Bolard Pull Tugs for Indian Navy and eight coaches for Indian Coastguard will be constructed. Overall, after the 2019, he announced that the shipbuilding of the Hindustan Shipbuilding would be extensive and for the first time in the last 35 years, Hindustan Shipyard has benefited. 306 crore in 2016-17 The turnover of Rs 625 crore has been achieved and the profits have grown significantly. There is no revenue in this level in 75 years. Despite the net profit of Rs 19 crore in 2015-16, it has resulted in a loss of Rs 45 crore. A total of Rs 593 crore turnover was achieved in 2015-16. In 2014-15, the total turnover was Rs 294 crore.

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