First private manufacturer of Indian Navy vessels begins work in Bengal
The other three manufacturers are Garden Reach Shipbuilders & Engineers, Hooghly Dock & Port Engineers and Shalimar Works.kolkata Updated: May 09, 2017 17:22 IST
Titagarh Wagons Ltd (TWL) has become the first private company in West Bengal to manufacture vessels for Indian Navy. The company that has decades of wagon manufacturing experience will have its manufacturing operations on Hooghly river at Titagarh, about 20 km upstream from Kolkata.
The unit was inaugurated at Titagarh in North 24 Parganas district on Tuesday. This will be the fourth facility for manufacturing navy vessels in Bengal. All the three before it are in the public sector.
These are Garden Reach Shipbuilders & Engineers Ltd and Hooghly Dock & Port Engineers Ltd, both central public sector undertakings and Shalimar Works Ltd, a West Bengal government undertaking.
“The fuel tankers for Indian Navy is being specially designed enabling INS Vikramaditya, Indian Navy’s flagship aircraft carrier to refuel,” a press statement issued by TWL has read. TWL was incorporated in 1997-98 and was in the business of manufacturing railway wagons, Bailey bridges, heavy earth moving and mining equipment.
At the Titagarh unit, TWL will construct four vessels, two each for Indian Navy and National Institute of Ocean Technology (NIOT), under the “Make In India” scheme. The two vessels for the Indian Navy would be 1,000 MT fuel barges, while the two for NIOT will be coastal research vehicles.
According to the founder and executive chairman of TWL, J P Chowdhary, this venture will help in broadening horizons of TWL’s businesses. “I firmly believe that this significant development will complement our growth strategy in years to come,” he said.
These four ships are the first tenders won by TWL, after the company’s foray into ship building business vertical in the beginning of this year.
First Published: May 09, 2017 17:22 IST