What is the latest contract signed by the Defence Ministry and what is its value
The Defence Ministry has signed a contract worth ₹19,000 crore with HSL for five fleet support ships.
- The Defence Ministry has recently signed a contract with Hindustan Shipyard Limited (HSL) for the construction of five fleet support ships.
- The total value of the contract is ₹19,000 crore, making it a significant deal for both the Defence Ministry and HSL.
- The fleet support ships will be designed and built by HSL and will play a crucial role in supporting the Indian Navy's operations at sea.
- This contract is part of the Defence Ministry's ongoing efforts to modernize and strengthen the country's naval fleet.
- The fleet support ships will have the capability to carry and replenish essential supplies like fuel, ammunition, and provisions to other naval vessels while at sea.
- These ships will also be equipped with modern communication systems and will have the capacity to support humanitarian and disaster relief operations.
- The contract is expected to generate employment opportunities and boost the domestic shipbuilding industry.
- This deal highlights the government's focus on enhancing the country's maritime capabilities and ensuring the operational readiness of the Indian Navy.
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