All set for its maiden foray into catamaran manufacturing, Cochin Shipyard will build four such popular vessels, used for cruising and other purposes. This is for the Andaman and Nicobar Islands, Union Minister Nitin Gadkari said.
This follows the company´s recent feat under which it will build cryogenic carriers that transports natural gas frozen in liquid form after it made a pact with GTT France, the world leader in design, and a technology provider of containment systems for transporting LNG.
´The vessels should be ready in approximately two to two-and-a-half years time from now´, Gadkari told PTI. ´This is being done under the Make in India drive´, he added. The cost of the vessels is estimated at about Rs.1,400 crore.