Titagarh Naval Systems Ltd (TNSL), a wholly owned subsidiary of Titagarh Rail Systems Ltd, inaugurated its fourth Diving Support Craft (DSC A23, Yard 328) for the Indian Navy on Sunday at its Kolkata shipyard. The vessel was side-launched into the Hooghly River at 2:55 PM, with around 150 employees in attendance.
The naming ceremony was led by Deepa Sivakumar, spouse of Vice Admiral B Sivakumar, who addressed the audience. This craft is the fourth in a series of five DSCs being constructed under the Government of India’s Make in India initiative. The vessels are designed to assist the Navy’s Command Clearance Diving Teams in underwater inspection, repair, maintenance, and salvage operations in harbor and near-shore environments. The 30-meter catamaran-type vessel incorporates indigenously sourced systems.
Vice Admiral Sivakumar characterized the launch as a significant milestone in India’s efforts toward defense self-reliance, emphasizing the collaborative efforts among the Navy, the shipyard, and industry partners. Umesh Chowdhary, Vice Chairman and Managing Director of Titagarh Rail Systems, noted that the event reflects the company’s commitment to advancing indigenous defense manufacturing capabilities.
In addition, TNSL is developing a new shipyard at Falta, West Bengal, which will cover approximately 50 acres and is designed to accommodate vessels up to 180 meters in length, with an annual capacity to build 12 to 16 ships. This facility is being constructed to meet Industry 4.0 standards and the subsidiary currently has an order book exceeding ₹500 crore.
On the stock market front, shares of Titagarh Rail Systems were trading at ₹736.60 on Monday morning, down 0.60 percent from the previous close. The stock has increased nearly 18 percent over the past month, though it remains down about 16 percent year-to-date, with a market capitalization of approximately ₹9,952 crore.
Published on April 20, 2026
