Keel Laid for Indian Navy's First Next Generation Missile Vessel

The keel-laying ceremony for the first Next Generation Missile Vessel (NGMV) of the Indian Navy was held at Cochin Shipyard Limited, Kochi, on 18 September 2026. The Ministry of Defence signed the contract with CSL in March 2023 for six NGMVs at a cost of ₹9,805 crore. The vessels are planned as heavily armed, high-speed and stealth-capable warships for maritime strike, anti-surface warfare, sea denial and local naval-defence roles. The Ministry of Defence says major role-defining equipment is being indigenously developed and manufactured, supporting Aatmanirbhar Bharat and domestic shipbuilding.
With reference to the Indian Navy's Next Generation Missile Vessel project, consider the following statements:
- Six Next Generation Missile Vessels are being constructed by Cochin Shipyard Limited.
- The vessels are intended for maritime strike, anti-surface warfare and sea-denial roles.
- The contract for the six vessels is valued at approximately ₹9,805 crore.
Which of the statements given above are correct?