|Founded||22 June 1941|
|Rear Admiral L.V. Sarat Babu, NM, Chairman & MD|
Founded as the Scindia Shipyard, it was built by industrialist Walchand Hirachand as a part of The Scindia Steam Navigation Company Ltd. Walchand selected Vishakhaptnam as a strategic and ideal location and took possession of land in November 1940. The World War II was going on and in April 1941, the Japanese bombed the town. However, Walchand was unfettered and decided to go ahead with his plan of building a shipbuilding industry in India. In the days when it was unthinkable of foundation ceremony to be done by anyone other than British officials, the truly patriotic Walchand decided to break the tradition and the foundation stone for the shipyard was laid by Dr. Rajendra Prasad on 21 June 1941, who was acting Congress President at that time. The first ship to be constructed fully in India after independence was built at the Scindia Shipyard and named Jal Usha. It was launched in 1948 by Jawaharlal Nehru by the first Prime Minister of India, at a ceremony where the families of Seth Walchand Hirachnd, late Narottam Morarjee and Tulsidas Kilachand, the partners of Scindia Shipyard, were present along with other dignitaries and industrialists.
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Walchand died in 1953, and the Scindia Shipyard continued to flourish under next of kins of founders. However, later on the government of India decided to nationalise the Scindia Shipyard, as it was a sensitive and strategic sector related to defence sector of the country. The shipyard was finally nationalised in 1961 and renamed Hindustan Shipyard Limited (HSL).
The shipyard is relatively compact at 46.2 hectares (0.462 km2). It is equipped with the plasma cutting machines, steel processing and welding facilities, material handling equipment, cranes, logistics and storage facilities. It also has testing and measuring facilities.
As of 2009, it had built over 170 vessels and repaired almost 2000 ships. It builds bulk carriers, offshore patrol vessels, survey ships, drill ships, offshore platforms and repair and support vessels.
It also conducts major overhauls of Indian Navy submarines, and is being equipped to construct nuclear-powered submarines.
- "Hindustan Shipyard: Making Waves". India Today. 9 October 2009. Retrieved 9 September 2011.
- PM's speech at the release of a Commemorative Postage Stamp honouring Seth Walchand Hirachand
- Business Legends By Gita Piramal. 1999. p. 165.
- "About Us". Hindustan Shipyard Limited. Archived from the original on 8 October 2011. Retrieved 9 September 2011.
- "Govt moves Hindustan Shipyard to Defence ministry". The Times of India. 24 December 2009. Retrieved 9 September 2011.
- "Ship Building". Hindustan Shipyard Limited. Archived from the original on 8 October 2011. Retrieved 9 September 2011.
- "Ship Repairs". Hindustan Shipyard Limited. Archived from the original on 8 October 2011. Retrieved 9 September 2011.
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