Defence Ministry to acquire 14 fast patrol vessels for Rs 1,070 crore
The Business Guardian|January 26, 2024
The Indian Defence Ministry has recently finalized a contract with Mazagon Dock Shipbuilders Ltd (MDL), based in Mumbai, for the procurement of 14 fast patrol vessels (FPVs) at a cost of Rs 1,070.47 crore.
Defence Ministry to acquire 14 fast patrol vessels for Rs 1,070 crore

These versatile FPVs, designated for the Indian Coast Guard (ICG), will be conceptualized, developed, and manufactured by MDL in India, aligning with the Buy (Indian-IDDM) Category.

The ministry disclosed that the vessels are scheduled for delivery within a total timeframe of 63 months.

Designed to be multi-role, the FPVs will be equipped with state-of-the-art features such as multipurpose drones, wirelessly controlled remote water rescue craft lifebuoys, and artificial intelligence capabilities.

This advanced technology aims to provide the ICG with enhanced flexibility and operational advantages, enabling them to address contemporary multidimensional challenges. The ministry emphasized that these modern FPVs will significantly contribute to various operations, including fisheries protection, monitoring, anti-smuggling, search and rescue, marine pollution response, towing, and antipiracy efforts, particularly in shallow waters.

هذه القصة مأخوذة من طبعة January 26, 2024 من The Business Guardian.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

هذه القصة مأخوذة من طبعة January 26, 2024 من The Business Guardian.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

المزيد من القصص من THE BUSINESS GUARDIAN مشاهدة الكل
PM Modi: Strong India-Japan Ties Essential For Global Prosperity
The Business Guardian

PM Modi: Strong India-Japan Ties Essential For Global Prosperity

PM Modi and Japanese PM Kishida met at the Quad Leaders’ Summit to strengthen the India-Japan partnership

time-read
1 min  |
September 23, 2024
Nifty Hits All-Time High For 4th Consecutive Week As Real Estate, Financials Surge: Goldman Sachs Report
The Business Guardian

Nifty Hits All-Time High For 4th Consecutive Week As Real Estate, Financials Surge: Goldman Sachs Report

The nifty index reached an all-time high for the fourth consecutive week, climbing 2 per cent week-on-week (w/w) as real estate and financials led the market gains with 4-6 per cent increases, according to a report released by Goldman Sachs.

time-read
2 mins  |
September 23, 2024
Bumrah, Pant's Fitness And Form Will Be Crucial To India's Chances In Australia: Ian Chappell
The Business Guardian

Bumrah, Pant's Fitness And Form Will Be Crucial To India's Chances In Australia: Ian Chappell

Pace spearhead Jasprit Bumrah and flamboyant wicketkeeper-batter Rishabh Pant must remain injury-free and in top form if India are to achieve a historic hat-trick of series wins Down Under, said former Australia captain Ian Chappell.

time-read
2 mins  |
September 23, 2024
PM Modi reaffirms India's commitment to Indo-pacific cooperation: Foreign Secy Misri
The Business Guardian

PM Modi reaffirms India's commitment to Indo-pacific cooperation: Foreign Secy Misri

After Prime Minister A Narendra Modi attended Quad summit in US, Foreign Secretary Vikram Misri said that prime minister emphasised India's commitment to cooperation, contact, and engagement for growth with various partners in the Indo-Pacific region.

time-read
2 mins  |
September 23, 2024
Jagan Reddy labels CM Naidu a "liar" in Tirupati prasad letter to PM Modi
The Business Guardian

Jagan Reddy labels CM Naidu a "liar" in Tirupati prasad letter to PM Modi

Attempts are being Amade by Chief Minister Chandrababu Naidu to \"irreparably tarnish the sanctity, integrity, and reputation\" of Tirumala Tirupati Devasthanams, former Andhra Pradesh CM YS Jagan Mohan Reddy wrote to Prime Minister Narendra Modi on the Tirupati Prasad adulteration row.

time-read
1 min  |
September 23, 2024
INDIA SIGNS KEY CLEAN ECONOMY AND IPEF AGREEMENTS
The Business Guardian

INDIA SIGNS KEY CLEAN ECONOMY AND IPEF AGREEMENTS

India signed landmark Clean and Fair Economy agreements under the IndoPacific Economic Framework (IPEF) NEW DELHI I ndia signed and exchanged first-of-its-kind agreements focused on the Clean Economy and Fair Economy under the IndoPacific Economic Framework (IPEF) on Saturday, during Prime Minister Narendra Modi's three-day visit to the United States for the Quad Summit.

time-read
2 mins  |
September 23, 2024
The Business Guardian

Sri Lankan elections commission orders second round of presidential vote counting

In an unexpected turn of events, Sri Lanka polls, Elections Commission Chairman RLAM Ratnayake announced a second preference count.

time-read
1 min  |
September 23, 2024
India focuses on unity and democratic values during PM Modi's US visit
The Business Guardian

India focuses on unity and democratic values during PM Modi's US visit

Among the overachAing messages from Prime Minister Narendra Modi's engagements during the Quad summit is the emphasis of India on minimizing conflict and division while leveraging democratic values to pursue development objectives, Foreign Secretary Vikram Misri said on Sunday.

time-read
2 mins  |
September 23, 2024
Ashwin hails miraculous comeback after victory over Bangladesh
The Business Guardian

Ashwin hails miraculous comeback after victory over Bangladesh

Following India's triumph over Bangladesh in the first Test in Chennai by 280 runs, veteran spinner Ravichandran Ashwin addressed the post-match press conference and commended Rishabh Pant's remarkable comeback.

time-read
2 mins  |
September 23, 2024
The Business Guardian

Fossil fuels to dominate energy mix as EV growth slows and clean energy faces hurdles: McKinsey Report

Despite the ongoing shift toward cleaner energy, fossil fuels will continue to play a major role in meeting global energy needs, accounting for 40 to 60 per cent of global energy supply by 2050 due to the slowerthan-expected adoption of electric vehicles (EVs) and challenges in scaling clean energy technologies, according to McKinsey report.

time-read
1 min  |
September 23, 2024