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.

Related Stories

Gold Stories

Next Story
Resources

Schindler named among Forbes’ World’s Best Employers 2026

Schindler has been named among Forbes’ World’s Best Employers 2026, a global ranking recognising companies for their workplace environments.Compiled by Forbes in partnership with Statista, the ranking is based on independent employee feedback, including whether employees would recommend their organisation to friends and family.The company said the recognition reflected its focus on creating a workplace where employees can develop their expertise and build careers. ..

Next Story
Infrastructure Urban

India needs an export-execution mindset: Vishesh Jain

Interview with Vishesh Jain, Founder & CEO, EximpleWhat gaps in India’s global trade ecosystem led you to build Eximple, and what problem did you see businesses struggling with most?Eximple came out of a problem that all three founders had seen from different choke points in the trade ecosystem. India has millions of MSMEs and manufacturers, and many of them can make products that are genuinely competitive on quality. Yet only a small fraction is able to build meaningful international businesses. In our experience, the gap is usually not manufacturing capability; it is the ability to exe..

Next Story
Building Material

Nuvoco reports 13.5% revenue growth in Q2 FY27

Nuvoco Vistas Corp. Ltd. reported consolidated revenue of Rs 27.9 billion for Q2 FY27, up 13.5% year on year. Cement sales volume rose 9% to 4.7 million tonnes (MMT), while EBITDA increased 11% to Rs 4.11 billion.The company said it began its cement operations in 2014 with a 2.3 MMT per annum (MMTPA) operation at Nimbol. It now aims to reach 35 MMTPA of cement capacity by FY28, nearly 15 times its initial capacity. Its portfolio spans cement, ready-mix concrete and modern building materials.On sustainability and cost efficiency, Nuvoco partnered with CleanMax for a 46.4 MW wind-solar hybrid re..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code