MoD inks contract, worth over Rs 1070 cr, with
Mazagon Dock Shipbuilders Ltd for 14 Fast Patrol
Vessels for Indian Coast Guard
The Ministry of Defence has signed Contract with Mazagon Dock Shipbuilders Ltd (MDL), Mumbai on 24
January, 2024, for acquisition of 14 Fast Patrol Vessels (FPVs) for the Indian Coast Guard (ICG). The value
of the contract is Rs 1070.47 cr. These multi role FPVs will be indigenously designed, developed and
manufactured by MDL under 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 is aimed to boost ICG’s capability and
reinforces the increased focus of the government towards 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.