Cochin Shipyard Ltd. effectively launched a trio of anti-sub warfare shallow-water craft or corvettes at the same time, indicating its commitment to completing the Rs 22,000-crore order book on time. The civilian and defence shipyard 2019 received orders for eight new corvettes worth over Rs 5,500 crore.
Madhu Nair, Chairman and Managing Director of Cochin Shipyard, disclosed that the project had hurdles, with the bid process beginning in 2014 and ending with signing the agreement in April 2019....