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Hindustan Shipyard

Hindustan Shipyard Limited (HSL) is a shipyard located in Visakhapatnam on the east coast of India.[3]

Hindustan Shipyard Limited
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
Revenue546.48 crore (US$68 million) (2019)[2]
49.22 crore (US$6.2 million) (2019)[2]
36.23 crore (US$4.5 million) (2019)[2]
Total assets1,350.37 crore (US$170 million) (2019)[2]
Total equity−577.07 crore (US$−72 million) (2019)[2]
OwnerGovernment of India
Number of employees
1473 (March 2019)[2]
Websitewww.hslvizag.in

History

 
 
Aerial View of HSL

Founded as the Scindia Shipyard, it was built by industrialist Walchand Hirachand as a part of The 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 Prasad on 21 June 1941, who was at that time the acting Congress President.[6][7]

The first ship to be constructed fully in India after independence was built at the Scindia Shipyard and named Jal Usha. It was launched in 1948 by Jawaharlal Nehru at a ceremony where the families of Seth Walchand Hirachnd, late Narottam Morarjee, and Tulsidas 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. The yard played a critical role in the development of the nuclear-powered Arihant class submarine.[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

The shipyard is relatively compact at 46.2 ha (0.462 km2). It is equipped with the plasma cutting machines, 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-out jetty.[10]

HSL has a dry dock, wet basin and repair delphin for ship and submarine repair and retrofitting.[11]

Vessels

By 2009, over 192 vessels had been built at HSL through 2009 and the shipyard had repaired almost 2000 ships. It builds bulk carriers, offshore patrol vessels, survey ships, drill ships, offshore platforms and 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 submarines Vela, Vagli, and Sindhukirti each 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 on Sindhukirti.[12]

References

  1. ^ "Hindustan Shipyard Limited celebrates Foundation Day". 24 November 2017.
  2. ^ a b c d e f "Balance Sheet 31.03.2019".
  3. ^ Gayatri, V. K. L. (23 November 2018). "Hindustan Shipyard Limited celebrates founders day". www.thehansindia.com. Retrieved 18 May 2019.
  4. ^ a b "Hindustan Shipyard: Making Waves". India Today. 9 October 2009. Retrieved 9 September 2011.
  5. ^ . Archived from the original on 11 November 2013. Retrieved 2 September 2012.
  6. ^ a b Piramal, Gita (1999). Business Legends By Gita Piramal. p. 165. ISBN 9780140271874.
  7. ^ . Hindustan Shipyard Limited. Archived from the original on 8 October 2011. Retrieved 9 September 2011.
  8. ^ . The Times of India. 24 December 2009. Archived from the original on 26 September 2012. Retrieved 9 September 2011.
  9. ^ Business, ZEE. "Hindustan Shipyard". {{cite news}}: |last1= has generic name (help)
  10. ^ . Hindustan Shipyard Limited. Archived from the original on 8 October 2011. Retrieved 9 September 2011.
  11. ^ . Hindustan Shipyard Limited. Archived from the original on 8 October 2011. Retrieved 9 September 2011.
  12. ^ Unnithan, Sandeep (17 November 2008). "Navy's sub induction plan suffers blow". India Today.

External links

Coordinates: 17°41′24″N 83°16′39″E / 17.69000°N 83.27750°E / 17.69000; 83.27750 Website

hindustan, shipyard, limited, shipyard, located, visakhapatnam, east, coast, india, limitedtypepublic, sector, undertakingindustryshipbuildingfounded21, june, 1941, 1941, headquartersvisakhapatnam, andhra, pradesh, indiakey, peoplecommodore, hemant, khatri, re. Hindustan Shipyard Limited HSL is a shipyard located in Visakhapatnam on the east coast of India 3 Hindustan Shipyard LimitedTypePublic Sector UndertakingIndustryShipbuildingFounded21 June 1941 1941 06 21 1 HeadquartersVisakhapatnam Andhra Pradesh IndiaKey peopleCommodore Hemant Khatri Retd C amp MDServicesShip building Ship repair Submarine Construction and RefitsRevenue 546 48 crore US 68 million 2019 2 Operating income 49 22 crore US 6 2 million 2019 2 Net income 36 23 crore US 4 5 million 2019 2 Total assets 1 350 37 crore US 170 million 2019 2 Total equity 577 07 crore US 72 million 2019 2 OwnerGovernment of IndiaNumber of employees1473 March 2019 2 Websitewww wbr hslvizag wbr in Contents 1 History 2 Facilities 3 Vessels 4 References 5 External linksHistory Edit Aerial View of HSL Founded as the Scindia Shipyard it was built by industrialist Walchand Hirachand as a part of The 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 Prasad on 21 June 1941 who was at that time the acting Congress President 6 7 The first ship to be constructed fully in India after independence was built at the Scindia Shipyard and named Jal Usha It was launched in 1948 by Jawaharlal Nehru at a ceremony where the families of Seth Walchand Hirachnd late Narottam Morarjee and Tulsidas 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 The yard played a critical role in the development of the nuclear powered Arihant class submarine 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 EditThe shipyard is relatively compact at 46 2 ha 0 462 km2 It is equipped with the plasma cutting machines 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 out jetty 10 HSL has a dry dock wet basin and repair delphin for ship and submarine repair and retrofitting 11 Vessels EditBy 2009 over 192 vessels had been built at HSL through 2009 and the shipyard had repaired almost 2000 ships It builds bulk carriers offshore patrol vessels survey ships drill ships offshore platforms and 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 submarines Vela Vagli and Sindhukirti each 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 on Sindhukirti 12 References Edit Hindustan Shipyard Limited celebrates Foundation Day 24 November 2017 a b c d e f Balance Sheet 31 03 2019 Gayatri V K L 23 November 2018 Hindustan Shipyard Limited celebrates founders day www thehansindia com Retrieved 18 May 2019 a b Hindustan Shipyard Making Waves India Today 9 October 2009 Retrieved 9 September 2011 PM s speech at the release of a Commemorative Postage Stamp honouring Seth Walchand Hirachand Archived from the original on 11 November 2013 Retrieved 2 September 2012 a b Piramal Gita 1999 Business Legends By Gita Piramal p 165 ISBN 9780140271874 About Us Hindustan Shipyard Limited Archived from the original on 8 October 2011 Retrieved 9 September 2011 Govt moves Hindustan Shipyard to Defence ministry The Times of India 24 December 2009 Archived from the original on 26 September 2012 Retrieved 9 September 2011 Business ZEE Hindustan Shipyard a href Template Cite news html title Template Cite news cite news a last1 has generic name help Ship Building Hindustan Shipyard Limited Archived from the original on 8 October 2011 Retrieved 9 September 2011 Ship Repairs Hindustan Shipyard Limited Archived from the original on 8 October 2011 Retrieved 9 September 2011 Unnithan Sandeep 17 November 2008 Navy s sub induction plan suffers blow India Today External links Edit Wikimedia Commons has media related to Hindustan Shipyard Coordinates 17 41 24 N 83 16 39 E 17 69000 N 83 27750 E 17 69000 83 27750 Website Retrieved from https en wikipedia org w index php title Hindustan Shipyard amp oldid 1113988709, wikipedia, wiki, book, books, library,

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