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Hindustan Shipyard Limited (HSL) has been announced as the L1 bidder for the construction of 18 Next Generation Fast Patrol Vessels for the Indian Coast Guards. HSL's Chairman and Managing Director, Cmde Girideep Singh, stated that this achievement reflects national confidence in the company.

HSL has undergone a transformation involving improved governance, execution discipline, financial management, infrastructure modernization, and decision-making systems. The project supports India's Atmanirbhar Bharat initiative, aiming to enhance indigenous shipbuilding and contribute to the Navy's fleet expansion and maritime self-reliance.