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L&T Launches Second Multi Purpose Vessel for Indian Navy

Written by: Team Angel OneUpdated on: Jan 15, 2025, 3:16 PM IST
L&T launched INS Utkarsh, the second Multi-Purpose Vessel for the Indian Navy, from Chennai’s Kattupalli Shipyard, three months after INS Samarthak.
L&T Launches Second Multi Purpose Vessel for Indian Navy
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Larsen & Toubro (L&T) has launched the Indian Navy’s second Multi-Purpose Vessel (MPV), INS Utkarsh, from its Kattupalli Shipyard near Chennai. This launch comes just three months after the first MPV, INS Samarthak, and is a step in expanding the country’s Navy fleet. INS Samarthak is currently undergoing tests and trials before being handed over to the Navy.

Multi-Purpose Capacity

Designed to handle a range of tasks, the MPVs are 107 meters long, 18.6 meters wide, and have a displacement of over 3,750 tonnes. These vessels are built for maritime surveillance, humanitarian assistance, pollution control, and as platforms for testing next-generation weapons and sensors. They are also equipped to launch and recover various surface and aerial assets.

Launch Event and Participants

The launch of INS Utkarsh was officiated by Dr. Sushmita Misra Singh, the wife of Union Defence Secretary Rajesh Kumar Singh. The event was attended by senior officials from the Navy, including Vice Admiral B. Sivakumar and Rear Admiral Vishal Bishnoi, alongside L&T representatives.

Built at Kattupalli Shipyard

Both MPVs were designed and engineered at L&T’s Warship Design Centre in Chennai and constructed at the Kattupalli Shipyard. The shipyard is known for its shipbuilding and repair facilities, equipped with ship lifts and berths capable of handling multiple projects simultaneously.

Other Projects in Progress

Beyond these MPVs, L&T is also working on three Cadet Training Ships and six additional vessels for the Navy. Repairs for the Indian naval ship INS Tir are currently underway at the same shipyard. This launch shows the capacity of India’s shipbuilding sector, aligning with national initiatives to develop homegrown defence technology.

Larsen & Toubro Ltd shares were trading at ₹3,498.15 as of 2:08 PM on January 15, up ₹35.55 (1.03%) for the day, but showing a decline of 4.20% over the past six months and 1.27% over the past year.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Published on: Jan 15, 2025, 3:16 PM IST

Team Angel One

Team Angel One is a group of experienced financial writers that deliver insightful articles on the stock market, IPO, economy, personal finance, commodities and related categories.

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