|Public Sector Undertaking|
|Headquarters||Thevara, Kochi, India|
|Cmde K Subramaniam (CMD)|
|Products||Tankers; Bulk carriers; Platform supply vessels; Patrol boats; Diving support vessels|
|Revenue||17.127783 billion (US$270 million) (2014)|
|2.909558 billion (US$46 million) (2014)|
|1.942422 billion (US$30 million) (2014)|
|Total assets||27.007644 billion (US$420 million) (2014)|
|Total equity||13.525309 billion (US$210 million) (2014)|
Number of employees
|1,751 (March, 2014)|
Cochin Shipyard Limited (CSL) is the largest shipbuilding and maintenance facility in India. It is part of a line of maritime-related facilities in the port-city of Kochi, in the state of Kerala, India.
Cochin Shipyard was incorporated in 1972 as a Government of India company, with the first phase of facilities coming online in 1982. The yard has facilities to build vessels up to 1.1 million tons and repair vessels up to 1.25 million tons, the largest such facilities in India. In August 2012, the Government of India announced plans of divestment to raise capital of 15,000 million rupees (₹1,500 crore) for further expansion through an Initial Public Offering (IPO]) towards the end of the fiscal year.
|This section requires expansion. (January 2011)|
The first ship to roll out of the Cochin Shipyard was the MV Rani Padmini in 1981.
CSL has secured shipbuilding orders from internationally renowned companies from Europe and the Middle East. The shipyard is building six 30,000 DWT bulk carriers for Clipper Group of the Bahamas and the first three vessels have been launched.
Vikrant-class aircraft carriers
Cochin Shipyard is currently building India's first indigenous aircraft carrier. The Vikrant-class aircraft carriers (formerly, the Project 71 "Air Defence Ship" (ADS)) are the first aircraft carriers of the Indian Navy to be designed and built in India. The Vikrant-class carriers will be the largest warships built by CSL.
Work on the lead vessel of the class started in 2008, and the keel was laid in February 2009. The first carrier of the class was expected to enter service by 2012, but was delayed by a year reportedly due to the inability of Russia to supply the AB/A grade steel. This led to SAIL creating facilities to manufacture the steel in India. In August 2009 the military purchasing publication Defence Industry Daily reported that the in-service date had been postponed to at least 2015.
The keel for the lead vessel of the class, INS Vikrant, was laid by the defence minister A.K Antony at the Cochin Shipyard on 28 February 2009. The ship will use modular construction. A total of 874 blocks will be joined together to speed up the building process. By the time the keel was laid, 423 blocks weighing over 8,000 tons, were completed.
The vessel was launched in 2012 when it comprised some 20,000 tonnes, including the hull, as it cannot be launched at a higher displacement from the building bay. After about a year's development in the refit dock, it will be launched again when all major components and everything underwater would be in place. Only outfitting would then remain. As per the CCS (Cabinet Committee on Security) plan, sea trials were initially planned to commence in 2013, with the ship to be commissioned in 2014. But, it was reported by [The Times of India] that the construction of the Vikrant has been delayed by three years, and the ship would be ready for sea trials in 2015 and for commissioning by 2017
The order for the second aircraft carrier in the series was expected to be placed by 2017. The second carrier is planned to be inducted into the Indian Navy by 2025. The second aircraft carrier is said to be of higher tonnage of above 50,000 tons and will utilise steam catapults. A 65,000-ton IAC-II is on the drawing board. "It will be much bigger and capable of operating fighters, AEW (airborne early-warning) aircraft, tankers etc.," Admiral Verma said.
The shipyard started offering ship repair services in 1982 and has undertaken upgrades and repairs for all types of ships including ships for the oil exploration industry as well as scheduled maintenance and life extension for ships of the Indian Navy, Indian Coast Guard, UTL, Fisheries and Cochin Port Trust, SCI & ONGC. It has performed major overhauls for the aircraft carrier, INS Viraat.
Recently CSL was awarded major maintenance and upgrade orders from ONGC. This included major overhaul of three rigs, Mobile Offshore Drilling Unit (MODU) Sagar Vijay, Mobile Offshore Drilling Unit Sagar Bhushan and Jackup Rig Sagar Kiran.
- "Welcome to Cochin Shipyard : ISO 9001 Certified Shipyard of the Millenium". Cochinshipyard.com. Retrieved 2013-08-15.
- "List of ship building centres in India". Shipping Ministry of India. Archived from the original on 2005-09-15. Retrieved 2008-07-18.
- "Cochin Shipyard Limited firms up plans to go for IPO by year-end". The Times Of India. Retrieved 2012-08-23.
- "Cochin Shipyard - Marine Engineering Training Website". Retrieved 2008-01-17.
- Priyadershini S. (2012-03-07). "Soft hands handling hard steel". The Hindu (Chennai, India). Retrieved 2013-08-15.
- "Business : CSL launches three new vessels". The Hindu (Chennai, India). 2006-03-01. Retrieved 2013-08-15.
- [dead link]
- "National : Keel-laying of indigenous aircraft carrier in December". The Hindu (Chennai, India). 2008-09-29. Retrieved 2013-08-15.
- "India overhauls coastal security, Navy gets charge". NDTV.com. 2009-02-28. Retrieved 2013-08-15.
- "India to lay keel of new aircraft carrier on Saturday | World | RIA Novosti". En.rian.ru. 2009-02-26. Retrieved 2013-08-15.
- [dead link]
- "Keel laying of indigenous aircraft carrier next week". India Today. 2009-02-18. Retrieved 2013-08-15.
- "3rd aircraft carrier to be inducted by 2017: Antony". Indian Express. 2007-05-17. Retrieved 2013-08-15.
- Pandit, Rajat (2010-04-12). "Carrier battle groups to add muscle to Navy". The Times Of India.
- "First indigenous aircraft carrier to be launched next year: Navy chief". India Today. 2009-12-02. Retrieved 2013-08-15.
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