Cochin Shipyard to Secure Rs 6,000 Crore Order for Six Survey Vessels from Indian Navy
Cochin Shipyard Ltd is poised to win a contract from the Indian Navy to construct six large survey vessels valued at approximately Rs 6,000 crore. The company was the lowest bidder, quoting below Rs 1,000 crore per vessel. Larsen & Toubro Shipbuilding was the second lowest bidder. The Indian Navy is expected to announce the bid results soon.
Theia Market Signal Identification - AI AssistedPublished Feb 12, 2026
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.
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