Goa Shipyard Limited (GSL) had signed an agreement with Hindustan Shipyard Ltd (HSL), Visakhapatnam to utilise HSL’s facilities to repair and build warships for the Indian Navy and the Indian Coast Guard. The move will not only see GSL expanding its footprint beyond Goa, but will also allow the defence public sector unit to build and repair bigger and more complex warships.
The memorandum of understanding was inked on the sidelines of Aero India show, on 10 February. GSL also inked four other agreements with various industry partners to expand its capacity for indigenous shipbuilding, ship repair and exports.
In 2019, GSL had also opened an office at Karwar, where the naval base INS Kadamba is situated.
GSL will also collaborate with Singapore-based firm SeaTech to explore engineering design work at GSL’s research and development centre. GSL is also exploring export of patrol craft and offshore patrol vessels to Bangladesh.