PLI Scheme: Strengthening India's Manufacturing Ecosystem & Deepening Localization (See 'Corp Brief') India's Sovereign AI Models must be leveraged to strengthen Ayush digital ecosystem (See 'Corp Brief') Farm-Level AI Deployment in India Can Create Valuable Global Spillover Learnings (See 'Corp Brief') Chouhan issues directions to make MSP Procurement more Robust and Timely (See 'Corp Brief') Leaders Call for Affordable, Easy-to-Use and Multilingual AI for Wider Access (See 'Corp Brief') India, Brazil strengthen Telecom and Digital Partnership (See 'Corp Brief') ICAR, Dr. Reddy's Foundation ink MoU to strengthen agricultural skills & improve rural livelihoods (See 'Corp Brief') Baramati Copter accident: An update (See 'Corp Brief') India-New Zealand hold Working Group Meeting on Horticulture Cooperation (See 'Corp Brief') SARFAESI - Sec 34 bars civil courts from entertaining suits in respect of any action taken or to be taken under SARFAESI Act, and DRT alone has jurisdiction to adjudicate challenges to measures u/s 13(4): HC (See 'Legal Desk') Google CEO Pichai visits Bharat GI Coffee Lounge (See 'Corp Brief') New Delhi Frontier AI Commitments aim to democratize AI Access and Innovation (See 'Corp Brief') India aspires to establish equitable maritime order based on international rules (See 'Corp Brief') A&C - At Section 11 stage, it is required only to examine existence of arbitration agreement and not to adjudicate upon issues of arbitrability or merits, which are to be decided by arbitral tribunal: HC (See 'Legal Desk') Scaling Impactful AI Use Cases critical for India to become 'Use-Case Capital' (See 'Corp Brief') Joshi visits Exhibition on AI-Driven Transformation of Public Distribution System (See 'Corp Brief') IBC - Resolution Professional is obligated to ensure that resolution plan complies with all provisions of law, and he cannot escape liability by claiming lack of available data: HC (See 'Legal Desk') Responsible and Equitable Scaling of AI in Classrooms emerges as Key Priority (See 'Corp Brief') Power Minister inaugurates Pavilion at AI Impact Summit 2026 (See 'Corp Brief') Trade Marks - Section 35 permits bona fide use of one's own name or that of a predecessor in business, even if such use may otherwise amount to infringement under Section 29(5): HC (See 'Legal Desk') CCI approves proposed Merger of Hinduja Leyland Finance into NDL Ventures (See 'Corp Brief') IICA renews MoU with NALSAR to strengthen Academic Collaboration (See 'Corp Brief') Trade Marks - Mere knowledge of respondents' registered trade mark or speculative potential for confusion in tenders cannot negate bona fide adoption where trade name is derived from the predecessor's own surname: HC (See 'Legal Desk') CCI approves acquisition of portfolio services of Axis Securities by Axis Asset Management (See 'Corp Brief') IBC - In real estate projects, single insolvency petition is maintainable against more than one corporate entity if they are intrinsically connected in execution and marketing of project: SC (See 'Legal Desk') Finland-India Synergy can provide strong foundation for co-innovation: Finnish PM (See 'Corp Brief') PMLA - If Enforcement Directorate establishes connection between alleged predicate offences and accumulation or layering of assets, Adjudicating Authority's confirmation of provisional attachment may be upheld: SAFEMA (See 'Legal Desk') Chouhan calls for Direct Farmer Feedback to strengthen Scheme Effectiveness (See 'Corp Brief') PMLA - If under-construction property was purchased using funds routed through shell entities, and neither shares are allotted nor executed any loan agreement, such transaction was benami transaction: SAFEMA (See 'Legal Desk') AI Compendia to serve as Guidebooks for Global South: Govt (See 'Corp Brief') SEBI - Noticee is prohibited from taking up any new clients as stock broker: SEBI (See 'Legal Desk') Supreme Court Clears Path For Single Insolvency Proceedings Against Linked Group Companies (See CORP EINSICHT) IBC - Spectrum allocated to Telecom Service Providers cannot be subjected to proceedings under Insolvency and Bankruptcy Code: SC (See 'Legal Desk') AI is meant to augment, Not replace Clinicians: MoS (See 'Corp Brief') Misc - Delay in filing appeal u/s 74 of Right to Fair Compensation and Transparency in Land Acquisition, Rehabilitation and Resettlement Act, 2013 can be condoned u/s 5 of Limitation Act: SC (See 'Legal Desk') Chouhan launches artificial intelligence-based scheme 'Bharat VISTAAR' Phase 1 in Rajasthan (See 'Corp Brief') A&C - Section 29A does not impose any statutory bar on courts extending mandate after arbitral award has been delivered: SC (See 'Legal Desk') NHAI to develop First of its Kind 'Bee Corridors' along National Highways (See 'Corp Brief') A&C - Parties cannot be compelled to arbitrate when very existence of contract containing arbitration clause was alleged to be fake: SC (See 'Legal Desk') AI to power India's global knowledge leadership, key to Viksit Bharat 2047: Pradhan (See 'Corp Brief') NI Act - Person who is in charge of affairs of conduct of company is vicariously liable for offence u/s 138 of NI Act when cheque issued by company gets dishonoured: SC (See 'Legal Desk') AI and Data Centres are one of Defining Energy Challenges of Our Time (See 'Corp Brief') A&C - Court exercising appellate jurisdiction u/s 37 cannot substitute its own assessment of compensation once Sec 34 court has fixed reasonable award within terms of contract: SC (See 'Legal Desk') Robust and High-Quality Data key to Advanced AI Deployment in Banking and Finance (See 'Corp Brief') A&C - Different interpretation of contract by in itself is no ground to interfere with arbitral award: SC (See 'Legal Desk') India AI Impact Summit 2026 showcases Women-led AI for Public Good (See 'Corp Brief') A&C - Non-issuance of a Sec 21 notice by one party is not fatal to raising claims before arbitral tribunal if disputes are otherwise covered by broadly worded arbitration clause: SC (See 'Legal Desk')

Print

Goa Shipyard launches second P1135.6 frigate

Published: Mar 24, 2025

By TIOLCorplaws News Service

NEW DELHI, MAR 24, 2025: GOA Shipyard Limited (GSL), one of India's premier defence shipyards, achieved yet another historic milestone with the successful launch of 'Tavasya', the second frigate of Project 1135. 6 (Yard 1259) today, March 22, 2025. The launch marks a significant advancement in India's self-reliance in warship construction, reinforcing the country's vision of Atmanirbhar Bharat in defence manufacturing.

The ship was ceremonially launched by Neeta Seth, in the esteemed presence of Sanjay Seth, Hon'ble Raksha Rajya Mantri, who graced the occasion as the Chief Guest. Addressing the gathering, Hon'ble Raksha Rajya Mantri commended the GSL's extraordinary achievement in launching two complex, weapon-intensive frigates within just eight months, despite geopolitical challenges affecting global supply chains. Highlighting the Navy's growing self-reliance, he remarked:

"This launch is a defining moment in India's Naval history, showcasing our technological capabilities and unwavering commitment to self-reliance. The successful localization of critical components such as the BrahMos missile system, torpedo launchers, sonar, and auxiliary control systems demonstrates the growing resilience of India's shipbuilding ecosystem. The launch of Tavasya is not just a step forward for the Indian Navy but a giant leap for India's strategic defence ambitions," the minister said.

With a displacement exceeding 3800 tons, 'Tavasya' is engineered to execute a diverse range of offensive and defensive operations, ensuring strategic dominance in the Indian Ocean Region. Equipped with advanced stealth features, high-endurance capabilities, and next-generation combat systems, the ship represents a significant boost to the operational might of the Indian Navy, the minister said. He reaffirmed India's ambition to emerge as a global leader in warship exports, citing GSL's pioneering role in defence exports and the Ministry of Defence's vision to achieve Rs.50,000 crore in defence exports by 2029.

Speaking on the occasion, Brajesh Kumar Upadhyay, Chairman and Managing Director, GSL, highlighted the shipyard's remarkable evolution into a strategic defence asset for the nation. "The launch of 'Tavasya' is the culmination of our relentless pursuit of excellence in indigenous warship building. From being a mid-sized shipbuilder, GSL has evolved into a leading defence yard, now delivering some of the most complex naval platforms. This project reaffirms our capability to execute high-end warship programs with precision, efficiency, and unmatched commitment to national security," he said.

The event was attended by Sadanand Tanawade,  MP-Rajya Sabha, Cap. Viriato Fernandes, MP-Lok Sabha,  senior dignitaries, including Vice Admiral SJ Singh, PVSM, AVSM, NM, FOC-in-C (WNC); Vice Admiral Rajaram Swaminathan, AVSM, NM, CWP&A; Brajesh Kumar Upadhyay, Chairman and Managing Director, GSL, as well as officials from the Ministry of Defence, Senior Indian Navy officers, and GSL personnel.

It is a maiden attempt by an Indian Shipyard to construct these complex platforms, which were previously imported in a fully built condition. With an indigenous content exceeding 56%, far surpassing the 25% in similar ships constructed abroad, the frigate is a shining example of India's engineering prowess, bolstering national security and strengthening India's position in the global defence ecosystem. The formidable multi-role stealth frigate is designed to operate across the full spectrum of Naval Warfare - Air, Surface, and Sub-Surface - ensuring unmatched operational capability.

GSL's impressive execution record has positioned it at the forefront of India's defence shipbuilding industry. The shipyard has successfully launched seven ships within a year, a feat that underscores its capabilities in delivering multi-domain, next-generation vessels.

TIOL CORP SEARCH

TIOL GROUP WEBSITES

taxindiaonline
taxindiainternational
tioltube
TKF
TIOLawards
A TIOL Website. Copyright © 2025 TIOLcorplaws.com All rights reserved.