KOCHI: The Union minister for shipping, road transport & highways, water resources, river development & Ganga rejuvenation
Nitin Gadkari and chief minister
Pinarayi Vijayan will lay the foundation stone for the
dry dock
at
Cochin Shipyard on Tuesday.
The dry dock will give an impetus to ‘Make in India’ and raise India’s share in global
shipbuilding
to two percent from 0.66 %. The commercial shipbuilding industry in India is worth Rs 3,200 crore and focuses primarily on small-medium sized offshore vessels and cargo/bulk carriers. At present, Cochin
Shipyard
has two dry docks, one predominantly used for ship building and the other for ship repair.
The new dry dock being constructed at a cost of Rs 1,799 crore will be 310 m long, 75m wide, with a depth of 13 m and draught of 9.5m. According to Cochin Shipyard officials the dry dock will them to build specialized and technologically advanced large vessels like LNG Carriers, drill ships, jack up rigs, large dredgers, aircraft carriers for Indian Navy and highend research vessels. The project is slated to be completed by May 2021and generate employment opportunities for about 2,000 people.
Two 500 capacity passenger vessels built by CSL for Andaman and
Nicobar Islands
administration will also be launched on the occasion. These vessels will help enhance intra island connectivity.
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