New Delhi: The Ministry of Defence has signed a contract with Mazagon Dock Shipbuilders Limited (MDL) on Thursday for the acquisition of 14 Fast Patrol Vessels (FPVs) for the Indian Coast Guard (ICG). The value of the contract is Rs 1070.47 crore. These multi-role FPVs will be indigenously designed, developed and manufactured by MDL under the Buy (Indian-IDDM) Category and will be delivered in total 63 months.
Along with several high tech advanced features and equipment, these FPVs will be equipped with multipurpose drones, wirelessly controlled remote water rescue craft lifebuoy and AI capability etc. enabling greater flexibility and operational edge to the ICG to face new age multidimensional challenges.
These modern FPVs will play a critical role in enhancing fisheries protection and monitoring, control and surveillance, anti-smuggling operations, search and rescue operations including in shallow waters, assistance to ship/crafts in distress, towing capabilities, assistance and monitoring during marine pollution response operations, anti-piracy operations. The acquisition of these FPVs aims to boost ICG's capability and reinforces the government's increased focus on maritime security.
In line with the 'Atmanirbhar Bharat', the contract will boost nation's indigenous shipbuilding capability bolstering maritime economic activities and foster growth of ancillary industries especially the MSME sector. The project will effectively generate employment opportunities and expertise development in the country.