The steel cutting ceremony for the first Next Generation Missile Vessel (NGMV) for the Indian Navy took place on December 16, 2024, at Cochin Shipyard Limited (CSL) in Kochi. The event marked the start of construction for the vessel under a contract signed in March 2023 for six ships, with deliveries expected to begin in 2027.

The NGMVs are designed as high-speed vessels equipped with advanced weapons and sensor systems. These include Surface-to-Surface Missile Systems, Anti-Missile Defence Systems, Air Surveillance, and Fire Control Radars. According to the shipyard, major equipment for the vessels has been indigenously developed and manufactured.

The construction of these vessels aligns with ongoing efforts to enhance naval capabilities in line with government initiatives promoting domestic manufacturing.