CSL and CIFT Sign MoU for Building Fishing Vessels

KOCHI:
Cochin Shipyard Limited signed a Memorandum of Understanding (“MoU”) with Central Institute of Fisheries Technology (CIFT) for design and construction of fishing vessels.
Cochin Shipyard Limited (“CSL”), a ‘Miniratna’ Central Public Sector Enterprise (“CPSE”), under the Ministry of Shipping and Central Institute of Fisheries Technology (“CIFT”), a subsidiary of Indian Council of Agricultural Research under the Ministry of Agriculture, inked the MoU at CSL, Kochi on 29 August 2017. The event was held in the presence of Chairman & Managing Director, Directors and senior officers of both CSL and CIFT.
This initiative, aims at creating benchmarks and standards in design and construction of fishing vessels and enabling end to end solutions to the fisheries sector in India, leveraging the programmes of ‘Make in India’ and “Blue Revolution’ of the Government of India.