The first vikrant class carrier will be a STOBAR carrier with a displacement of 40,000 tonnes. It is designated as CV-01.The third carrier being planned will have at-least 50% more displacement than the carrier under construction in Kochi, also the design could be a conventionally powered CATOBAR than the STOBAR design for the current under construction vessel. The IN has been generating info through RFIs issued for carrier based aircraft as well as launch systems. Interest has also been shared for carrier based AWACS platforms. The new design will be larger, will be able to have a higher no of fighters / fighter mix deployed and may also be able to deploy fixed wing AWACS platforms. So there are significant capability differences being planned. If it works out then there were even discussions about a 3rd Carrier which would be similar in design to the second one, this however is not confirmed as it way ahead in the future.
Work has also begun on the second carrier which is a CATOBAR carrier with a displacement of 65,000 tonnes. It is designated as CV-02. The keel has not yet been laid down.
Although a third carrier is planned, order has not been by the Navy so far. This may be because, by the time both the indigenous carriers will enter service, the INS Vikramaditya will also be in active service and the Navy will have its 3 carriers as planned.
However if order for the third carrier is placed it will definitely be a CATOBAR carrier of 65,000 tonne class.