Indian Press Information Bureau, The Government has approved the indigenous construction of an Air Defence Ship of approximately 37,500 metric tones displacement at Cochin Shipyard Ltd, Kochi for the Indian Navy in January 2003 at an estimated cost of Rs. 2880 crores.
The concept design defining the overall ship dimensions, evolution of hull form, general arrangement drawings, structure, stability, weight and space analysis and hydro-dynamic model tests have been completed. The contracts for outsourcing activities related to Propulsion System Integration and Detailed Engineering and Documentation have been signed. The contract for procurement of steel from SAIL has also been signed.
The construction of the aircraft carrier is likely to be completed by 2011