
First India-built hovercraft for ICG begins at Chowgule Shipyard
The hovercraft based on proven Griffon Hoverwork designs are being built with Indian expertise to suit varied coastal security operations. Once inducted, the ACVs will provide enhanced speed, tactical flexibility, and shallow-water operability, enabling swift response for patrolling, interdiction, and search and rescue missions across India's vast maritime frontier.
The girder laying and commencement of erection ceremony marked a major step towards strengthening India's maritime response capabilities. The ceremony was held in the presence of Deputy Director General (Materiel & Maintenance), ICG Inspector General Sudhir Sahni. The construction of the hovercraft follows a contract signed with the Ministry of Defence in 2024 for six ACVs, underscoring ICG's drive towards operational self-reliance under the Aatmanirbhar Bharat initiative.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles

Time of India
22 minutes ago
- Time of India
Morne Morkel hails Mohammed Siraj, reflects on Day 4 twist and rain delay
Trump Breaks Silence on India & Russia's Oil 'Breakup' | 'New Delhi May Stop…' 'I heard India may stop buying Russian oil,' said US President Donald Trump, calling it a 'good step.' But reports say Indian refiners are still sourcing discounted Russian crude. As U.S. pressure mounts, New Delhi defends its ties with Moscow as 'steady and time-tested,' while balancing key strategic relations with Washington. Will India bow to American pressure or stick with its long-time energy partner? 29.0K views | 1 day ago
&w=3840&q=100)

Business Standard
22 minutes ago
- Business Standard
CoinDCX to absorb $44 million security breach loss: CEO Sumit Gupta
Gupta maintained that customer funds on the platform were not compromised since they were parked on a cold wallet infrastructure premium Ajinkya Kawale Mumbai Listen to This Article Crypto exchange platform CoinDCX will absorb the entire $44 million loss -- equivalent to about three to four months of its revenue -- from an alleged security breach on its balance sheet this financial year (FY26), said Sumit Gupta, co-founder and CEO of the company. The theft was reported on July 19. The case was the second security breach at an Indian crypto exchange after WazirX's $230 million theft in July last year. 'We have absorbed the (lost) amount on our balance sheet. We have a healthy balance sheet. It's like three to four months of our revenue. Business continues


Time of India
37 minutes ago
- Time of India
D-G Shipping crackdown, shipbuilding tensions & port concessions: What was important in the week gone by!
Advt Advt India's bid to grab a larger slice of the seafarers required by the global shipping industry has, of late, been dented by reports of unapproved private entities offering competency certificates that does not fit with the training and assessment standards set by India following a structured programme of examination, assessment and certification, as per a global treaty known as the STCW Convention adopted by the International Maritime Organisation (IMO).The Indian seafarers were lured by authorised as well as unauthorised manning agents to take up assignments on foreign flagged ships without adequate scrutiny of the fraudulent certificates issued to curb the fraudulent practices, India's Directorate General of Shipping issued an order on July 18, banning Indian seafarers holding certificates issued by the maritime administration of countries that are not recognised by India from sailing on foreign flagged order, though, sparked widespread protests over fears that it would render thousands of seafarers jobless and led to a court August 1, the day when the Bombay High Court heard the petition filed by a couple of seafarers, the D G Shipping issued a new order prohibiting foreign governments, maritime administrations, agencies, institutions, or representatives from conducting maritime training, including online or distance learning accessible in India, leading to issuance of seafarers' competency certificates under the STCW Convention, without its prior written new order strikes at the very root of the malaise and is not seen as overtly hitting the seafarers, some of whom might have wittingly or unwittingly fallen for the trap, in their desire to get jobs on board ships, and took a shortcut to attain competency certificates. It also seeks to rectify the situation by asking the unauthorised private entities to fall in line with Indian Infra reported in detail the moves by D G Shipping aimed at ensuring that India becomes a bigger supplier of quality crew to the global shipping other significant developments of the week, we reported that Prime Minister Narendra Modi 's ambitious plans for India's shipbuilding industry are facing resistance from local fleet owners due to reasons explained in this that hasn't deterred policy makers from finalising the technical specifications for constructing so-called Very Large Gas Carriers (VLGC's) India's oil and gas giant, ONGC Ltd, is scouting for local shipyards to build so-called Platform Supply Vessels that are used to support oil and gas drilling operations along the Nayara Energy is being squeezed from all sides as the latest round of sanctions by the EU on the refiner based in Gujarat has forced a couple of Indian ship owners to back out of contracts for hauling petroleum products along the coastET Infra also reported how the Andhra Pradesh government led by N Chandrababu Naidu facilitated a key captive port facility for the integrated steel plant proposed by ArcelorMittal Nippon Steel India by tweaking the concession agreement for the Kakinada Gateway Port Let us know what stood out most this week and how we can make your infra brief even more insightful.