The Ministry of Defence has signed Contract with Mazagon Dock Shipbuilders Ltd (MDL), Mumbai on 24 January, 2024, for acquisition of 14 Fast Patrol Vessels (FPVs) for the Indian Coast Guard (ICG). The value of the contract is Rs 1070.47 cr. These multi role FPVs will be indigenously designed, developed and manufactured by MDL under Buy (Indian-IDDM) Category and will be delivered in total 63 months.
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