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.
Overall, the contract between the Defence Ministry and HSL for five fleet support ships, with a value of ₹19,000 crore, is a significant step in strengthening India's naval fleet and enhancing its maritime capabilities.
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