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New Launch6 Apr 2026, 06:31 pm

Titagarh Naval Systems Receives In-Principle Approval for Brownfield Capacity Expansion

AI Summary

Titagarh Naval Systems Limited (TNSL), a wholly owned subsidiary of Titagarh Rail Systems Limited, has received an in-principle approval from the Directorate General of Shipping, Ministry of Ports, Shipping and Waterways for its Brownfield Capacity Expansion Project at Falta under the Shipbuilding Development Scheme (SbDS). The project is eligible for Capital Assistance of up to ₹1,28,89,06,006, subject to receipt of final approval and compliance with the applicable provisions of the Scheme. The total project cost is approximately INR 610 crore, with the Government extending capital assistance of around INR 129 crore towards eligible plant and machinery. This expansion will substantially enhance TNSL's infrastructure and technological capabilities, enabling the shipyard to cater to defence, commercial, and export-oriented shipbuilding requirements.

Key Highlights

  • Titagarh Naval Systems Limited received In-Principle Approval from the Ministry of Ports, Shipping and Waterways for its Brownfield Expansion project at Falta, West Bengal, under the Government of India’s Shipbuilding Development Scheme (SbDS).
  • The project has received approval based on the recommendations of the 3rd Inter-Ministerial Governing Board of the National Shipbuilding Mission, reflecting strong inter-ministerial support for the development of world-class shipbuilding infrastructure in India.
  • The total project cost for the Brownfield Expansion at Falta is approximately INR 610 crore, with the Government extending capital assistance of around INR 129 crore towards eligible plant and machinery.
  • The expansion will substantially enhance Titagarh Naval Systems’ infrastructure and technological capabilities, enabling the shipyard to cater to defence, commercial, and export-oriented shipbuilding requirements.
  • The project will further reinforce West Bengal’s position as an emerging hub for advanced maritime manufacturing.
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