The Russian government has chosen Anil Ambani's Pipavav shipyard for a 'Make in India' naval frigate order that is likely to exceed $3 billion, making it the private sector's biggest-ever warship-building project.
With public sector shipyards tied up in executing current orders and the Indian Navy battling to increase fleet strength, the government has been in advanced talks for the past several months with Russia for three to four upgraded Talwar class frigates, classified as Project 11356 vessels.
Moscow, which has been keen to build the frigates at a Russian shipyard, was firmly told last year that the order would only be placed through the Make in India route but it would have the flexibility to choose an Indian partner for the project.
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