Titagarh Naval Systems Ltd (TNSL) has received in-principle approval from the Shipping Ministry for its ₹610 crore brownfield expansion project at Falta, West Bengal.
The total project cost is ₹610 crore. Under the SbDS, the Centre will extend capital assistance of around ₹129 crore towards eligible plant and machinery. The project will further reinforce West Bengal’s position as an emerging hub for advanced maritime manufacturing.
Supports to Global Maritime domain
The expansion will substantially enhance TNSL’ infrastructure and technological capabilities, enabling the shipyard to cater to defence, commercial, and export-oriented shipbuilding requirements, while also supporting India’s growing ambitions in the global maritime domain.
The Centre has been actively promoting the domestic shipbuilding ecosystem through focused initiatives such as the Shipbuilding Financial Assistance Scheme (SBFAS) and the Shipbuilding Development Scheme (SbDS).
State-of-the-art Shipyard
Titagarh Rail Systems Vice Chairman & Managing Director Umesh Chowdhary said: “At Titagarh, we remain firmly committed to building a state-of-the-art shipyard in the state of West Bengal that will support the country’s defence indigenisation goals, contribute to national security, and cater to both domestic and global shipbuilding requirements. This is a significant step in our journey to contribute meaningfully to India’s maritime growth story.”
TRSL to focus on Railway systems business
The establishment of TNSL will enable TRSL to concentrate more sharply on its core railway systems business, while empowering the new company to pursue aggressive growth in shipbuilding by securing contracts for specialized vessels that contribute to the nation’s maritime excellence.
TNSL will also carry forward existing projects, including the Diving Support Craft project. To drive further expansion, TNSL is actively exploring partnerships with strategic collaborators and investors to accelerate scaling and enhance its capabilities under various Government of India maritime initiatives.