Cochin Shipyard to Secure Rs 6,000 Crore Order for Six Survey Vessels from Indian Navy
DEFENSE
Cochin Shipyard Ltd is set to secure a contract from the Indian Navy for the construction of six large survey vessels worth around Rs 6,000 crore. The company emerged as the lowest bidder, offering a price of less than Rs 1,000 crore per vessel.
Larsen & Toubro Shipbuilding submitted the second lowest bid. The Indian Navy is anticipated to announce the bid result shortly and confirm the winning shipyard.

Feb 12, 2026, 6:32 PM