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Indian Navy › Procurement

NGMV — Next Generation Missile Vessels

ACTIVE

Six high-speed missile vessels under construction at Cochin Shipyard for the Indian Navy

Budget

₹9,805 Cr

Timeline

2023–2027+

Sector

Indian Navy

Indigenisation

85%

PROCUREMENT TIMELINE

AON

AON

Acceptance of Necessity — CCS/DAC approves the requirement.

RFI

RFI

Request for Information — industry capability survey.

RFP

RFP

Request for Proposal — detailed tender issued to vendors.

ToC

ToC

Transfer of Technology clause negotiations.

CNC

CNC

Contract Negotiation Committee finalises terms.

Contract

Contract

Contract signed with selected vendor(s).

Dev/Trial

Dev/Trial

CURRENT

Development, integration and user trials.

Induction

Induction

INTEL SIGNALS

Near induction — watch for contract award

PIB confirms the MoD signed the six-ship NGMV contract with Cochin Shipyard Limited in Mar 2023 at ₹9,805 crore. Steel cutting for the first ship was held on 16 Dec 2024, and induction is planned from 2027 onwards. Earlier GRSE/HSL attribution was incorrect.

RECENT INTELLIGENCE

India Eyes to Export 1,450-Ton Next Gen Missile Vessels (NGMV) Featuring BrahMos and Advanced Stealth Tech to Friendly Nations - Defence.in

news.google.com · 30 Mar 2026

India’s Next Generation Missile Vessels (NGMVs): What Do They Mean For Pakistan? – OpEd - Eurasia Review

news.google.com · 30 Dec 2025

STEEL CUTTING OF FIRST NEXT GENERATION MISSILE VESSEL (NGMV) FOR INDIAN NAVY AT COCHIN SHIPYARD LIMITED, KOCHI - PIB

news.google.com · 16 Dec 2024

India's Next-Gen Missile Vessels (NGMV) Design Reduces BrahMos Missile Count From 8 to 4, Signaling Shift in Operational Priorities - Defence.in

news.google.com · 18 Dec 2024

India's BrahMos-Equipped Next-Gen Missile Vessels (NGMVs) Garner International Interest for Deterrence and Littoral Defence - Defence.in

news.google.com · 25 Dec 2024

CONTENDERS / VENDORS

Cochin Shipyard Limited

LATEST UPDATES

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