Indian Cabinet Approves ₹40,000 Crore Project for Eight Next-Generation Corvettes

Strategic Naval Expansion

The Cabinet Committee on Security (CCS), led by Prime Minister Narendra Modi, has formally approved the procurement of eight Next-Generation Corvettes (NGC) to bolster the Indian Navy's maritime capabilities. The project, valued at over ₹40,000 crore, is aimed at modernizing the fleet's surface combatant profile.

Technical Specifications and Capabilities

According to official reports, these vessels are designed to be highly agile and lightweight, optimized for versatile naval operations. Key technical parameters include:

• Displacement: Approximately 2,000 tonnes.
• Speed: Capable of reaching a maximum speed of nearly 30 knots.
• Role: Multi-mission functionality including surveillance, escort duties, strategic deterrence, surface action group operations, search-and-attack missions, and coastal defense.

Procurement and Delivery Timeline

The contracts for the construction of these warships are expected to be signed shortly with Kolkata-based Garden Reach Shipbuilders & Engineers (GRSE) and Goa Shipyard Limited. The first of these eight corvettes is projected for induction into the Indian Navy by 2030 following the formalization of these procurement agreements.

Verification

Interested parties can verify official details regarding this procurement through the Press Information Bureau (PIB) or the official website of the Ministry of Defence, Government of India, which publishes gazettes and press releases concerning Cabinet Committee on Security decisions.