Navy says platforms worth Rs 2.41 lakh crore have Acceptance of Necessity, with a tender out for four landing platform docks

19 October 2026

Vice Chief of the Naval Staff Vice Admiral Ajay Kochhar told a press conference in New Delhi on 19 October 2026 that 78 ships and submarines and 120 fast interceptor craft have received Acceptance of Necessity, worth an estimated Rs 2.41 lakh crore. Forty-two platforms are already on order. The request for proposal for four landing platform docks went to shortlisted shipyards the previous week, and a request for proposal for the next-generation frigate was issued a couple of weeks earlier. Integrated full electric propulsion is to be developed under an intergovernmental agreement with the United Kingdom and is earmarked for the four landing platform docks. Under the iDEX scheme the Navy has received more than 4,000 proposals, granted Acceptance of Necessity for projects worth over Rs 3,500 crore and concluded contracts worth more than Rs 1,900 crore.