https://indianmasterminds.com

ADVERTISEMENT
ADVERTISEMENT

Hindustan Shipyard (HSL) Marks 79th Independence Day with Record Performance and Strategic Growth – Deatils Inside

Shipyard achieves record ₹1,471 crore turnover and positive net worth after 40 years, charts roadmap for future growth under Aatmanirbhar Bharat.
Indian Masterminds Stories

VisakhapatnamHindustan Shipyard Limited (HSL) celebrated the 79th Independence Day with patriotic fervour at its colony parade ground, highlighting both national pride and exceptional organisational milestones. The celebration, marked by a ceremonial flag hoisting and parade, also served as a platform for HSL to reflect on a year of record-breaking financial achievements and strategic advancements.

Flag Hoisting and Parade

Cmde Girideep Singh, IN (Retd.), Chairman and Managing Director of HSL, unfurled the national flag and reviewed the Independence Day parade. The march-past featured contingents from Security and Fire Services, NCC cadets, Scouts and Guides, Rover Scouts, and students from HSL’s schools and the surrounding community.

Read also: Hindustan Shipyard (HSL) Delivers ICGS Sarang Ahead of Schedule After Complex Life Extension Refit – Details Inside

Historic Financial Turnaround

In his address, the CMD commended the workforce for their unwavering dedication, which resulted in HSL achieving the highest-ever turnover of ₹1,471 crore and a record Profit After Tax (PAT) of ₹213 crore in FY 2024–25. Notably, HSL reported a positive net worth for the first time in 40 years, paving the way for potential Mini Ratna status.

Operational Milestones and Defence Contributions

Cmde Singh highlighted major accomplishments including:

  • Successful delivery of INS Nistar and INS Sindhukirti
  • Completion of a semi-submersible pontoon
  • Commencement of construction for all four Fleet Support Ships (FSS) within the current fiscal year

These developments underscore HSL’s growing expertise in delivering complex defence platforms, reinforcing its critical role in India’s maritime defence ecosystem.

Driving Towards Industry 4.0 and Future Readiness

Looking ahead, the CMD outlined HSL’s strategic roadmap involving:

  • Adoption of Industry 4.0 technologies
  • Operational excellence programmes
  • Infrastructure modernisation
  • Upgrades to accounting and corporate governance standards

He urged employees to “work with integrity and innovate for excellence” to keep HSL globally competitive and future-ready.

Commitment to Reforms and National Vision

Reinforcing the Ministry of Defence’s “Year of Reforms” and aligning with the PM’s Maritime Vision 2030 and Amrit Kaal Vision 2047, Singh pledged that HSL would continue pushing forward with transformative initiatives to support Aatmanirbhar Bharat and India’s evolving naval needs.

Celebrating Employees and Environment

The ceremony also recognised employee excellence with commendation letters and awards for winners of the Clean & Green competition. A tree plantation drive under ‘Ek Ped Maa Ke Naam’ was conducted, and 500 national flags were distributed and hoisted across the premises as part of the ‘Har Ghar Tiranga’ campaign.

Read also: Abhishek Ranjan Gets Extension as CVO of Hindustan Shipyard Limited Until November 2025 – More Details Inside

About HSL

Hindustan Shipyard Limited (HSL), headquartered in Visakhapatnam, is a premier Defence PSU engaged in shipbuilding, ship repair, and submarine refit projects. Operating under the Ministry of Defence, it plays a vital role in strengthening India’s maritime defence infrastructure.


Indian Masterminds Stories
ADVERTISEMENT
ADVERTISEMENT
Related Stories
ADVERTISEMENT
ADVERTISEMENT
NEWS
IAS officer Vinay  Choubey
Suspended IAS Officer Vinay Choubey Approaches Jharkhand High Court for Bail in Corruption Case
IPS Officer Indian Police Services
Rajwinder Bhatti, GL Singhal, Pramod Kumar Among 19 IPS Officers Retiring in Sept 2025
ONGC_resized
India’s Energy Push: ONGC, APM Pipavav Sign ₹37,000 Cr Deal for Offshore Logistics Base
Ashwini Vaishnaw Rail Minister
Railway Minister Ashwini Vaishnaw to Inaugurate IREE 2025, Asia’s Largest Railway Equipment Exhibition in New Delhi
IRS Officer Indian revenue Services
ACC Approves Promotion of 16 IRS (Customs & Indirect Taxes) Officers to Apex Grade of Principal Chief Commissioner/Principal DG
IAS Vishakha Yadav
Meet IAS Vishakha Yadav (UPSC AIR 6): The Engineer-Turned-IAS Officer Who Welcomed PM Modi in Arunachal
Ministry of Coal
Coal PSUs Announce Performance Linked Reward of Rs 1,03,000 for 2.5 Lakh Non-Executive Workers; PLR to Boost Morale and Productivity
BSNL
BSNL to Roll Out 97,500 Indigenous 4G Towers Worth ₹37,000 Crore; PM Modi to Inaugurate in Odisha
ADVERTISEMENT
ADVERTISEMENT
Videos
Siddhartha Saxena UPSC CAPF
How Siddhartha Saxena Cracked UPSC CAPF AIR 326 Against All Odds
Dr. S.K
Technology Meets Ecology: IFS Dr S K Srivastava’s Game-Changing Innovations in Forest Management | Eco Warrior Awards 2025 Interview
IFS Uttam Kumar Sharma Interview
From Extinction to Exhilaration: The Untold Story and Future Vision of Project Cheetah | Led by IFS Uttam Kumar Sharma | Eco Warrior Awards 2025
ADVERTISEMENT
UPSC Stories
Abhay Daga IPS UPSC Success Story
IIT Graduate, Microsoft Alum, Actor, to Cracking UPSC CSE: The Story of Abhay Daga
Read the inspiring journey of Abhay Daga, an IIT graduate, Microsoft alum, and actor, who cleared UPSC...
Rishav Awasthi MPPSC Risabh Awasthi MPPCS
Family’s Dream, His Determination: How Small-Town Dreamer Rishav Awasthi Conquered MPPSC 2024 with Rank 2 | Exclusive
After two failed attempts, Rishav Awasthi secured Rank 2 in MPPSC 2024, driven by family support, self-study,...
Harshita Dave MPPSC 2024
The Girl Who Turned Dreams Into a Deputy Collector Post at 22: Meet MPPSC 2024 Women Topper Harshita Dave
At just 22, Harshita Dave topped MPPSC 2024, becoming the women topper and securing Rank 5. Her journey...
Social Media
World Rhino Day India
On World Rhino Day, IFS Officer Parveen Kaswan Shares Rare Insights - India Now Hosts 80% of the World’s One-Horned Rhinos
September 22 Marks Global Call for Rhino Conservation; India Holds 80% of World’s Greater One-Horned...
Parag Madhukar Dhakate
Relentless Rains Wreak Havoc in Dehradun: IFS officer PM Dhakate Warns Citizens Amid Flash Floods
Cloudbursts in Dehradun triggered flash floods. IFS officer Dr. PM Dhakate warned citizens to stay indoors...
Forest Guard Tiger Encounter
Tigers Clash in the Wild as Forest Guards Capture Rare Footage , Retired IFS Mohan Pargaien Posts Viral Video
Retired IFS officer Mohan Pargaien shares viral video of three tigers brawling in Ramnagar, as forest...
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
Latest
IAS officer Vinay  Choubey
Suspended IAS Officer Vinay Choubey Approaches Jharkhand High Court for Bail in Corruption Case
IPS Officer Indian Police Services
Rajwinder Bhatti, GL Singhal, Pramod Kumar Among 19 IPS Officers Retiring in Sept 2025
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
Videos
Siddhartha Saxena UPSC CAPF
Dr. S.K
IFS Uttam Kumar Sharma Interview
ADVERTISEMENT
ADVERTISEMENT