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Cochin Shipyard Limited held the keel laying ceremony for the first of six Next Generation Missile Vessels being built for the Indian Navy at Kochi on 18 September 2026, with Vice Admiral Sanjay Sadhu, Controller of Warship Production and Acquisition, as chief guest. The NGMVs, ordered under a contract signed with the Navy in March 2023, are high speed stealth corvettes designed for anti-surface warfare and maritime strike operations, intended to act as a potent instrument of sea denial at maritime choke points, and will be armed with missiles such as BrahMos. The defence ministry said the project's major role defining equipment is being indigenously developed and manufactured, in line with the government's Aatmanirbhar Bharat and Make in India objectives.