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Hindustan Shipyard

Coordinates:17°41′24″N83°16′39″E/ 17.69000°N 83.27750°E/17.69000; 83.27750
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Hindustan Shipyard Limited
Company typePublic Sector Undertaking
IndustryShipbuilding
Founded21 June 1941(1941-06-21)[1]
Headquarters,
Key people
Commodore Hemant Khatri, (Retd.), C&MD
ServicesShip building
Ship repair
Submarine Construction and Refits
RevenueIncrease1,118.45 crore(US$130 million) (2023)[2]
Increase65.24 crore(US$7.8 million) (2023)[2]
Increase65.24 crore(US$7.8 million) (2023)[2]
Total assetsIncrease1,483.35 crore(US$180 million) (2023)[2]
Total equityIncrease−478.93 crore(US$−57 million) (2023)[2]
OwnerGovernment of India
Number of employees
1473 (March 2019)
Websitewww.hslvizag.in

Hindustan Shipyard Limited(HSL) is a shipyard located inVisakhapatnamon the east coast ofIndia.[3]

History

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Aerial View of HSL

Founded as theScindia Shipyard,it was built by industrialistWalchand Hirachandas a part ofThe Scindia Steam Navigation Company Ltd.[4]Walchand selected Visakhapatnam[5]as a suitable location for the construction of the yard and took possession of the land in November 1940.[6]The foundation stone for the shipyard was laid by Dr.Rajendra Prasadon 21 June 1941, who was at that time the actingCongressPresident.[6][7]

The first ship to be constructed fully in India after independence was built at the Scindia Shipyard and namedJal Usha.It was launched in 1948 byJawaharlal Nehruat a ceremony where the families of Seth Walchand Hirachnd, lateNarottam Morarjee,andTulsidas Kilachand,the partners of Scindia Shipyard, were present along with other dignitaries and industrialists.

Walchand died in 1953, and the Scindia Shipyard continued to operate successfully under the next of kin of the founders. However, in 1961 the shipyard was nationalised and renamed Hindustan Shipyard Limited (HSL).

In 2010, HSL was transferred from the Ministry of Shipping to the Ministry of Defence.[8]

In 2022, Hindustan Shipyard Limited registers highest value of production in its history. the value of production from shipbuilding remained at Rs 613 crore marking it as the highest value of production recorded from shipbuilding division in the history of the shipyard.[9]

Facilities

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The shipyard is relatively compact at 46.2 ha (0.462 km2). It is equipped with theplasma cuttingmachines, steel processing and welding facilities, material handling equipment, cranes, logistics and storage facilities. It also has testing and measuring facilities.

It has a covered building dock for building vessels up to 80,000 DWT. There are three slipways and a 550 m (1,800 ft)fitting-outjetty.[10]

HSL has adry dock,wet basin and repair delphin for ship andsubmarinerepair and retrofitting.[11]

Vessels

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By 2009, over 192 vessels had been built at HSL through 2009 and the shipyard had repaired almost 2000 ships. It buildsbulk carriers,offshore patrol vessels,survey ships, drill ships,offshore platformsand repair and support vessels.[4]

It also conducts major overhauls of Indian Navy submarines, and is being equipped to construct nuclear-powered submarines. However, the shipyard has a history of protracted refits. The submarinesVela,Vagli,andSindhukirtieach spent almost 10 years for a single refit at HSL. Where a Russian shipyard would deploy 200 workers in three shifts to complete the refit in two years, HSL deployed only 50 workers to work onSindhukirti.[12]

References

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  1. ^"Hindustan Shipyard Limited celebrates Foundation Day".24 November 2017.
  2. ^abcde"Annual Report 2022-23".
  3. ^Gayatri, V. K. L. (23 November 2018)."Hindustan Shipyard Limited celebrates founders day".www.thehansindia.com.Retrieved18 May2019.
  4. ^ab"Hindustan Shipyard: Making Waves".India Today. 9 October 2009.Retrieved9 September2011.
  5. ^"PM's speech at the release of a Commemorative Postage Stamp honouring Seth Walchand Hirachand".Archived fromthe originalon 11 November 2013.Retrieved2 September2012.
  6. ^abPiramal, Gita (1999).Business Legends By Gita Piramal.p. 165.ISBN9780140271874.
  7. ^"About Us".Hindustan Shipyard Limited. Archived fromthe originalon 8 October 2011.Retrieved9 September2011.
  8. ^"Govt moves Hindustan Shipyard to Defence ministry".The Times of India.24 December 2009. Archived fromthe originalon 26 September 2012.Retrieved9 September2011.
  9. ^"Hindustan Shipyard Limited registers highest value of production in its history".Zee Business.Retrieved18 June2024.
  10. ^"Ship Building".Hindustan Shipyard Limited. Archived fromthe originalon 8 October 2011.Retrieved9 September2011.
  11. ^"Ship Repairs".Hindustan Shipyard Limited. Archived fromthe originalon 8 October 2011.Retrieved9 September2011.
  12. ^Unnithan, Sandeep (17 November 2008)."Navy's sub induction plan suffers blow".India Today.
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17°41′24″N83°16′39″E/ 17.69000°N 83.27750°E/17.69000; 83.27750 Website