Titagarh Naval Systems Wins Approval For Falta Expansion
ECONOMY & POLICY

Titagarh Naval Systems Wins Approval For Falta Expansion

Titagarh Naval Systems Limited has received in-principle approval from the Ministry of Ports, Shipping and Waterways for a brownfield expansion at Falta, West Bengal under the Government of India’s Shipbuilding Development Scheme.

The approval followed recommendations of the third Inter-Ministerial Governing Board of the National Shipbuilding Mission and signals inter-ministerial support for upgraded shipbuilding infrastructure. The project aims to bolster domestic capacity for defence and commercial vessel construction.

The total project cost is Rs six point one billion (bn), with government capital assistance of around Rs one point two nine bn for eligible plant and machinery subject to scheme guidelines. Assistance is contingent on compliance and will be used to modernise facilities and acquire specialised equipment.

The board has approved in principle the transfer of shipbuilding and maritime systems into a wholly owned subsidiary, Titagarh Naval Systems Limited, with an order book above Rs five billion (bn) including taxes. The company said the expansion will enable the shipyard to serve defence, commercial and export markets while reinforcing West Bengal as a maritime manufacturing hub.

The facility is designed with advanced automation aligned to Industry four point zero standards, builds on a legacy of more than 35 delivered vessels and will handle ships up to 180 metres with an annual capacity of 12-16 vessels. The company will continue existing projects including the Diving Support Craft and pursue partnerships to accelerate scaling as part of commitments to Make in India and Atmanirbhar Bharat.

Titagarh Naval Systems Limited has received in-principle approval from the Ministry of Ports, Shipping and Waterways for a brownfield expansion at Falta, West Bengal under the Government of India’s Shipbuilding Development Scheme. The approval followed recommendations of the third Inter-Ministerial Governing Board of the National Shipbuilding Mission and signals inter-ministerial support for upgraded shipbuilding infrastructure. The project aims to bolster domestic capacity for defence and commercial vessel construction. The total project cost is Rs six point one billion (bn), with government capital assistance of around Rs one point two nine bn for eligible plant and machinery subject to scheme guidelines. Assistance is contingent on compliance and will be used to modernise facilities and acquire specialised equipment. The board has approved in principle the transfer of shipbuilding and maritime systems into a wholly owned subsidiary, Titagarh Naval Systems Limited, with an order book above Rs five billion (bn) including taxes. The company said the expansion will enable the shipyard to serve defence, commercial and export markets while reinforcing West Bengal as a maritime manufacturing hub. The facility is designed with advanced automation aligned to Industry four point zero standards, builds on a legacy of more than 35 delivered vessels and will handle ships up to 180 metres with an annual capacity of 12-16 vessels. The company will continue existing projects including the Diving Support Craft and pursue partnerships to accelerate scaling as part of commitments to Make in India and Atmanirbhar Bharat.

Next Story
Infrastructure Urban

UniAcoustic, Vicoustic Form UniVicoustic Alliance

UniAcoustic, part of United Group, has acquired a strategic stake in Portugal-based Vicoustic, forming a new alliance branded as UniVicoustic. The agreement, signed in Mumbai, marks a significant cross-border partnership aligned with evolving India–EU trade dynamics.The collaboration brings together Vicoustic’s global expertise in architectural acoustic products with UniAcoustic’s manufacturing scale and distribution capabilities. The combined platform aims to expand market reach, integrate technology and optimise supply chains across key regions.The development comes amid progress in th..

Next Story
Infrastructure Urban

Dalmia Bharat, Delhi PWD Revamp Under-Flyover Spaces

Dalmia Bharat has partnered with the Public Works Department (PWD), Government of Delhi, to redevelop select under-flyover spaces and a road stretch into sustainable urban hubs. The agreement covers key locations including Lodhi Flyover, Oberoi Flyover, Mangi Bridge and Hanuman Setu.Under the initiative, the company will undertake design, landscaping, plantation and long-term maintenance of the sites, with a defined upkeep period of three years after completion. The project aims to improve urban aesthetics while promoting environmental sustainability and biodiversity restoration in high-densit..

Next Story
Infrastructure Urban

Versigent Debuts as Independent NYSE-Listed Company

Versigent has launched as an independent publicly traded company following its separation from Aptiv, with shares commencing trading on the New York Stock Exchange under the ticker “VGNT”. The move marks a significant milestone in the company’s transition into a standalone global player in power distribution systems.The company specialises in the design, manufacturing and delivery of low- and high-voltage electrical architectures, supported by engineering centres across four continents and manufacturing operations in over 25 countries.Versigent reported revenues of $8.8 billion, net inco..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement