State-owned Hindustan Shipyard Ltd is in talks with the Indian Navy for building 4-5 fleet support ships. The project, estimated to cost ₹18,000 crores will serve the expanding size of the naval ships in the country.
Presently, negotiations are underway on the construction schedule, price, and other clauses. The mega-ship order will put Hindustan Shipyard in the league of much bigger shipyards, which is expected to be finalised by the end of the year.
The India Government has decided to give the contract on a nomination basis to Visakhapatnam-based Hindustan Shipyard for building the fleet support ships under the administrative control of the Ministry of Defence.
HSL celebrates 80 years of service to the nation
On 21 June 2021, Hindustan Shipyard Ltd. celebrated its 80 years of glorious service to the nation. HSL has been moving towards the delivery of 200 ships with over 2,000 ships repaired.
Speaking on the occasion of the foundation anniversary of HSL, Chairman of HSL, Hemant Khatri said, “ I take this opportunity to bring to your notice that over the past few months, significant changes are being made with an aim to achieve transformation in our business processes. These include policy-level changes like adopting a new Material Manual – 2021 and Service Manual – 2021 to achieve efficiency in timely procurement and outsourcing.”
The dream of digital India and digital transformation is being achieved by way of implementation of the latest ERP system (SAP S4 HANA) and also using intranet facilities extensively, he added.
Genesis of HSL
Hindustan Shipyard Ltd. is the country’s premier shipbuilding organization, which is strategically located on the East Coast of the Indian peninsula, at Visakhapatnam, Andhra Pradesh. The state-owned shipbuilding firm caters to the needs of ship repairs, submarine construction, shipbuilding, and refits along with the design and construction of sophisticated state-of-the-art offshore and onshore structures.
HSL started its long journey towards making ships in India during the pre-independent times with the foundation of the first green-field shipyard in 1941 with the name of Scindia Steam Navigation Co. Ltd. Great industrialist and visionary Seth Walchand Hirachand led the foundation stone of Scindia Steam Navigation Co., which later got renamed as Hindustan Shipyard Ltd.
Jal Usha, the first fully constructed ship in India was built by HSL. It was launched in 1948 by then Prime Minister of India, Jawaharlal Nehru, at a ceremony where the families of Walchand Hirachand, late Narottam Morarjee and Tulsidas Kilachand, the partners of Scindia Shipyard, were present along with other dignitaries and industrialists.
In 1953, Walchand left for heavenly abode, and the Scindia Shipyard continued to flourish under the next of kins of founders. Later, the government of India decided to nationalise the Scindia Shipyard, as it was sensitive and strategically related to the Indian defence sector. In 1952, two-thirds of HSL holdings were acquired by Govt. of India. The remaining one-third share was acquired by the government in July 1961 and the Shipyard became a fully owned Govt. of India undertaking under the administrative control of the Ministry of Shipping.
On 22 February 2010, considering the strategic requirements of the nation, HSL was brought under the administrative control of the Ministry of Defence.
To date, HSL has built 193 vessels and repaired over 1,986 ships of various types enabling the ship-making firm to offer competent services for the defence and maritime sectors.