The Union Defence Minister Manohar Parrikar has said that the work on building and designing ambitious Mine Countermeasures Vessels (MCMV) would start by May-June next year in Goa Shipyard Limited.

He has said that “Goa Shipyard Limited (GSL) has been given orders worth Rs 36,000 crore by the Defence Ministry.”

He said that “When we took over in 2012, the turnover of Goa Shipyard was Rs 500 crore per annum. Now it has grown to Rs 1,200 per annum. Within two years, the turnover has doubled.”

He added that “Now they have got order of Rs 36,000 crore (of building MCMVs) which they need to complete in ten years, the work on which will begin in May-June coming year.”

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