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Indian Navy poised for 35% growth in next 15 years

Indian Navy is poised for a 35 per cent growth in the next 15 years, ministry of defence (Navy) integrated headquarters chief Vice Admiral B Kannan said on Friday.

‘This would not only give ample opportunities to our industries to participate in the indigenous activities but also give them a chance to explore the emerging international market in our Maritime region’, he said.

After construction of indigenous warships was taken up at Mazagaon Dock in Mumbai, he said more than 100 ships were built at various shipyards.

‘We have more than 40 warships on order with various public and private shipyards and it has been our endeavour to progressively enhance their indigenous content’, he said.

A senior government official said with the presence of several educational institutions providing courses on engineering and non-engineering across the state, Tamil Nadu was becoming a knowledge capital.
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