New Delhi, Oct 10 (UNI) Defence Minister A K Antony today said the defence shipyards must carry forward the process of modernisation expeditiously and reduce the build-period of warships so as to compete with the best in the world.
He said warship building process in the country is poised for a quantum jump in the next few years. This would include increased design capabilities matched with global-level infrastructure in all the three defence shipyards.
''All the three shipyards under the Ministry of Defence are moving ahead with state-of-the-art modernisation programmes to keep pace with the global shipbuilding technologies and meet the challenges of future warship building in India,'' he added.
It will be the first time when all the three defence shipyards together are poised to become state-of-the-art shipbuilders in the next few years, Mr Antony added.
He was speaking on the occasion of receiving the dividend cheques from Mazagon Docks Limited, (MDL), Garden Reach Shipbuilders and Engineers (GRSE) and Goa Shipyard Limited (GSL).
The shipyards, which are Defence Public Sector Undertakings, paid a total of Rs 104.84 crore as dividend for the financial year 2007-08 to the Defence Minister.
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