Latest news with #GoaShipyardLimited
The Hindu
9 hours ago
- Politics
- The Hindu
INS Tamal, India's last imported warship, to be commissioned on July 1
The Indian Navy is all set to commission its latest stealth multi-role frigate INS Tamal on July 1 at Kaliningrad in Russia. This will be the last warship of Indian Navy to have been built outside India and the eighth in the series of Krivak class frigates inducted from Russia over the past two decades. The ceremony will be presided over by Western Naval Commander Vice Admiral Sanjay J. Singh in the presence of several high-ranking Indian and Russian government and defence officials. INS Tamal has been built at Yantar Shipyard in Kaliningrad, Russia, and is the last warship to be inducted from a foreign source, in line with the Government of India's impetus on 'Atmanirbhar Bharat' and 'Make in India' initiatives. India, as part of the broader contract for Tushil class, is also building two similar frigates called the Triput class at Goa Shipyard Limited with transfer of technology and design assistance from the Russian side. By the conclusion of this series of ships, Indian Navy will be operating 10ships with similar capabilities and commonality in equipment, weapon and sensor fit over four different classes. The ship has 26 percent indigenous components, including the BrahMos long range cruise missile for targeting both at sea and land. The vessel has significant upgrades in its arsenal in comparison to its predecessors. The crew, comprising of over 250 personnel have undergone rigorous ashore as well as afloat training in extremely challenging winter conditions of St. Petersburg and Kaliningrad in Russia. INS Tamal has successively completed extensive sea trials undertaken over three months, proving its systems, weapons and sensors. The 125m long, 3900-ton warship, packs a lethal punch as it features an impressive blend of Indian and Russian cutting-edge technologies and best practices in warship construction. The ship's new design provides it with enhanced stealth features and greater stability characteristics. The number of Made-in-India systems have more than doubled to 33. Upon commissioning, INS Tamal will join the 'Sword Arm' of the Indian Navy, the Western Fleet, under the Western Naval Command.
United News of India
10 hours ago
- Politics
- United News of India
Stealth frigate Tamal to be inducted into Indian Navy on July 1
New Delhi, June 22 (UNI) The Indian Navy is all set to commission its latest stealth multi-role frigate, 'Tamal', at Kaliningrad in Russia on July one. Tamal is the eighth in the series of Krivak class frigates inducted from Russia over the past two decades. It is the second ship of the Tushil Class, which are the upgraded versions of their predecessors, Talwar and Teg classes having three ships each, an official statement said here on Sunday. The ship has 26 percent indigenous components, including the BrahMos long-range cruise missile for targeting both at sea and land. The ship has significant upgrades in its arsenal in comparison to its predecessors, such as vertically launched surface-to-air missiles, improved 100 MM gun, new age EO/IR (Electro-Optical/Infrared) system in addition to the standard 30 MM CIWS (close-in weapon system), heavyweight torpedoes, urgent-attack anti-submarine rockets, and a host of surveillance and fire control radars and systems. India as part of the broader contract for Tushil class is also building two similar frigates, called the Triput class, at Goa Shipyard Limited with transfer of technology and design assistance from the Russian side. By the conclusion of this series of ships, Indian Navy will be operating 10 ships with similar capabilities and commonality in equipment, weapon and sensor fit over four different classes. Tamal has been built at Yantar Shipyard in Kaliningrad, Russia, and is the last warship to be inducted from a foreign source, in line with the Government of India's impetus on Aatmanirbhar Bharat and Make in India initiatives. The crew, comprising of over 250 personnel, have undergone rigorous ashore as well as afloat training in extremely challenging winter conditions of St Petersburg and Kaliningrad, Russia. Tamal has successively completed extensive sea trials undertaken over three months, proving its systems, weapons and sensors. The ship's name, Tamal, symbolises the mythical sword used for combat by Indra - the King of the gods. The ship's mascot is inspired by the congruence of the 'Jambavant' the immortal bear king of Indian mythology and the Russian national animal - the Eurasian Brown Bear. The ship's crew collectively takes great pride in calling themselves the 'The Great Bears'. Tamal stands as a testament to the longstanding Indo-Russian cooperation and friendship which has stood the test of time. The ship's motto, 'Sarvada Sarvatra Vijaya' (Victorious Always Everytime) signifies the Indian Navy's undying commitment to operational excellence in every mission, complementing its motto 'Combat Ready, Credible, Cohesive and Future Ready Force Safeguarding National Maritime Interests – Anytime, Anywhere'. The 125 metre long, 3900-ton warship, packs a lethal punch. Tamal is an impressive blend of Indian and Russian cutting-edge technologies and best practices in warship construction. Upon commissioning, Tamal will join the 'Sword Arm' of the Indian Navy, the Western Fleet, under the Western Naval Command. It will not only be a symbol of Indian Navy's growing capabilities but also exemplifying collaborative strength of the India-Russia partnership. UNI RBE SS
Yahoo
02-06-2025
- Business
- Yahoo
Mazagon Dock Shipbuilders Ltd (BOM:543237) Q4 2025 Earnings Call Highlights: Record Revenue and ...
Release Date: May 30, 2025 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Mazagon Dock Shipbuilders Ltd (BOM:543237) reported the highest revenue from operations at 11,431 crores, indicating strong financial performance. The company has a robust order book, expected to increase significantly with upcoming contracts for P75 additional submarines and P75I submarines. Mazagon Dock Shipbuilders Ltd (BOM:543237) is expanding its capacity to construct 11 submarines and 10 major warships simultaneously, indicating growth potential. The company is diversifying its client base, securing significant contracts from ONGC and a European client, reducing dependency on the Ministry of Defense. Mazagon Dock Shipbuilders Ltd (BOM:543237) is poised to benefit from global shipbuilding trends and geopolitical tailwinds, potentially increasing future orders. The company has made provisions for potential losses on two contracts due to increased costs, impacting profitability. Revenue growth is expected to slow down temporarily as new large contracts take time to execute. The company's EBITDA margin guidance is conservative at 15%, despite achieving higher margins in recent quarters. Subcontracting and outsourcing costs have increased, impacting overall expenses. There are uncertainties and delays in signing major contracts, which could affect the order book and revenue recognition timelines. Warning! GuruFocus has detected 6 Warning Sign with BOM:543237. Q: Over the next 2-3 years, what kind of EBITDA margin should we expect? Will the current level of EBITDA margins be maintained or increased? A: The MDL expects margins and profitability to significantly improve as major orders materialize. We anticipate signing the P75 additional submarines and P75 submarines contract this financial year, which will increase our order book significantly. These projects, along with efficiency initiatives, are expected to enhance overall profitability. (Captain Jag Mohan, Chairman and Managing Director) Q: Can we expect similar revenue growth over the next 2-3 years, or will it slow down due to large contract execution? A: While we have seen a 20% growth year-on-year, the order book for new projects is delayed, which may affect immediate growth. However, we expect a growth rate of around 8-10% annually as new projects progress. (Ruchi Ragarwal, Director of Finance and CFO) Q: Are there any plans to list Goa Shipyard Limited, in which the company holds a substantial stake? A: The decision to list Goa Shipyard Limited is up to the government, as they hold a majority stake. We will continue as shareholders based on government guidelines. (Captain Jag Mohan, Chairman and Managing Director) Q: What is the expected capacity increase over the next 3-4 years? A: We have augmented our capacity to construct 11 submarines and 10 major warships simultaneously. We are also planning significant CapEx to further increase capacity, potentially doubling it once fully operational. (Captain Jag Mohan, Chairman and Managing Director) Q: What is the status of the P75I submarine project? A: Our technical offer has been accepted, and we are in the early phases of commercial negotiations. Once these conclude, the contract will be signed. (Captain Jag Mohan, Chairman and Managing Director) For the complete transcript of the earnings call, please refer to the full earnings call transcript. This article first appeared on GuruFocus. Effettua l'accesso per consultare il tuo portafoglio
Hindustan Times
28-05-2025
- Business
- Hindustan Times
Russia-built stealth frigate ‘Tamal' to be commissioned into Navy in June-end
New Delhi: India's latest stealth missile frigate, Tamal, is expected to be commissioned into the Indian Navy at the Yantar Shipyard in Kaliningrad, Russia, by the end of June, officials familiar with the development said on Wednesday. The frigate, which is expected to reach India's west coast in September, will be boosting the country's maritime power in the Indian Ocean region, an official, requesting anonymity said, adding that it will be part of the navy's Mumbai-based Western Fleet. Tamal is part of a $2.5-billion deal with Russia for four more Krivak/Talwar class stealth frigates for the Indian Navy, two of which were to be constructed at the Yantar shipyard and the remaining two at the Goa Shipyard Limited (GSL) with technology transfer from Russia. The first frigate under the deal, INS Tushil, was commissioned into the navy last December at the Yantar Shipyard and reached the country in February. It was commissioned in the presence of defence minister Rajnath Singh, who described the warship as a 'proud testament' to India's growing maritime might and a 'significant milestone' in the long-standing friendship between the two countries. Tushil and Tamal are upgraded Krivak III class frigates of Project 1135.6, and six such vessels are already in service --- three Talwar class ships, built at Baltic shipyard in St Petersburg, and three follow-on Teg class ships, built at the Yantar shipyard. These frigates have an indigenous content of around 26%, double that of the previous Teg-class frigates. This includes contributions from 33 firms including Bharat Electronics Limited, BrahMos Aerospace (an India-Russia joint venture), and Nova Integrated Systems (a fully owned subsidiary of Tata Advanced Systems Limited). The new frigates are armed with a range of advanced weapons, including the BrahMos supersonic cruise missiles, Shtil surface-to-air missiles with enhanced range, upgraded medium-range anti-air and surface guns, optically controlled close-range rapid fire gun system, torpedoes and rockets.
News18
28-05-2025
- Business
- News18
INS Tamal: A Symbol Of Enduring India-Russia Partnership
Last Updated: INS Tamal, the second of four Talwar-class stealth frigates acquired under a 2016 Indo-Russian agreement, is poised to bolster India's maritime posture The impending arrival of INS Tamal, India's newest BrahMos-armed stealth frigate, from Russia serves as a potent symbol of the enduring strategic partnership between New Delhi and Moscow. The frigate is armed with BrahMos and fitted with onboard systems built in India. Constructed at Russia's Yantar Shipyard in Kaliningrad, Tamal, alongside its sister ship INS Tushil, commissioned in December 2024, represents a significant enhancement to India's naval capabilities and also underlines the deep-rooted defence cooperation that has long defined the relationship between India and Russia. Modernising naval capabilities and self-reliance INS Tamal, the second of four Talwar-class stealth frigates acquired under a 2016 Indo-Russian agreement, is poised to bolster India's maritime posture. These frigates, classified as improved Krivak-III class vessels, also known as Project 11356, are designed for long-range, blue-water operations and are equipped with advanced features such as stealth design, anti-submarine weapons, Shtil surface-to-air missile systems, and the formidable BrahMos cruise missile. INS Tamal itself incorporates approximately 26% Indian-made components. The first ship of this batch, INS Tushil, was commissioned in December 2024 by defence minister Rajnath Singh, undertaking an extensive transcontinental journey to India. Crucially, the broader Krivak-III programme encompasses a dual-track strategy: two frigates built in Russia (INS Tushil and INS Tamal) and two, Tavasya and Triput, are to be constructed at India's Goa Shipyard Limited (GSL) through technology transfer. This approach aligns with India's 'Make in India" and 'Self-Reliant India" initiatives, signifying a strategic pivot towards indigenous defence production. Looking ahead, a military-technical cooperation programme extending to 2031 has been agreed upon, suggesting a roadmap for continued collaboration, potentially including joint production of spare parts within India. The launch of the frigate Tavasya at GSL in March 2025, the second of its class manufactured entirely in India, further underscores this commitment to technological self-sufficiency. This long history of naval cooperation also extends to conventional and nuclear submarines, with India having previously leased nuclear-powered submarines, such as the Chakra, from Russia, and the transfer of the aircraft carrier INS Vikramaditya to the Indian Navy in 2014. BrahMos: A cornerstone of joint prowess The BrahMos missile system stands as a testament to the successful joint development between India's Defence Research and Development Organisation (DRDO) and Russia's NPO Mashinostroyeniya, forming BrahMos Aerospace Private Limited. This supersonic cruise missile, which can be launched from land, sea, air, and submarines, is a key armament of INS Tamal and other Indian Navy platforms. Initially, the missile's range was capped at 290 km due to Missile Technology Control Regime (MTCR) restrictions, which limit technology transfers for missiles exceeding 300 km to non-member states. However, India's entry into the MTCR in June 2016 removed these barriers, allowing for the enhancement of BrahMos's capabilities. The missile's range has since been extended to over 450 km and, in some cases, up to 800 km, significantly enhancing India's offensive capabilities and strategic deterrence against both land and naval targets. Beyond domestic deployment, the BrahMos has also found international markets, with the Philippines securing the first export order for shore-based anti-ship batteries, demonstrating the success of this Indo-Russian joint venture on a global scale. Enduring defence ties amid shifting geopolitics India's defence relations with Russia trace back almost half a century, with the Indian armed forces historically relying on Soviet-origin weapon systems. India continues to rely on a wide array of Russian-origin platforms, including T-72 and T-90 tanks, Su-30 MKI, MiG-29, and MiG-29K fighter jets, KA-31 helicopters, and Akula- and Kilo-class submarines. This longstanding bond has been formalised through mechanisms such as the India-Russia Inter-Governmental Commission on Military Technical Cooperation (IRIGC-MTC), established in 2000, and a Programme for Military-Technical Cooperation, which was valid until 2020. Over the years, this cooperation has evolved from a mere buyer-seller dynamic into joint research, development, and production of military platforms, with the BrahMos missile serving as a prime example of this changed approach. While the share of India's defence imports from Russia has notably decreased from 76% in 2009 to 36% in 2023, reflecting India's strategy to diversify its procurement towards Western countries, Russia remains a crucial partner for India's existing military arsenal. Despite global geopolitical shifts, including the Ukraine conflict, which has reportedly led to delays in the delivery of some systems like the S-400 missile defence system and spare parts, India continues to rely on a wide array of Russian-origin platforms, including tanks, fighter jets, helicopters, and submarines. Economic ties have surged, with bilateral trade reaching a record high of USD 65.7 billion in fiscal year 2023-24, up 33% year-on-year, and nearly 5.5 times higher than the pre-Covid pandemic trade of USD 10.1 billion. A pragmatic partnership for India's strategic autonomy top videos View all The induction of INS Tamal into the Indian Navy, alongside ongoing broader defence collaborations, underscores India's pragmatic foreign policy and commitment to strategic autonomy. While navigating complex global dynamics and calls from the West to reduce ties with Moscow, New Delhi has maintained its crucial relationship with Russia, acknowledging its enduring role as a key security and economic partner. This partnership is an active, evolving engagement that continues to serve India's strategic interests in maintaining a robust defence posture and asserting its position as a decisive maritime force in the 21st century. The arrival of INS Tamal symbolises a continuing and essential aspect of India's defence strategy, reinforcing its capabilities while demonstrating a balanced approach to its foreign policy. First Published: May 28, 2025, 07:30 IST
