Hindustan Shipyard Limited: Powering India’s Maritime and Defence Future

Visakhapatnam: Hindustan Shipyard Limited (HSL), established in 1941, is one of India’s most trusted and strategic shipbuilding organisations. Located on the eastern coast at Visakhapatnam, HSL continues to strengthen the country’s maritime and defence ecosystem through world-class shipbuilding, ship repairs and submarine refit services.

Why HSL Matters to India

With more than eight decades of experience, HSL has built over 200 ships, refitted 5 submarines and repaired 2000+ vessels for the Indian Navy, Indian Coast Guard, ONGC and several global clients. Its direct sea access, advanced facilities and skilled workforce make it a backbone of India’s naval strength.

What HSL Does Best

HSL operates through three strong verticals
• Shipbuilding
• Ship Repairs
• Submarine Refit

Its product range includes naval warships, fleet support ships, dredgers, research vessels, offshore platforms, cargo carriers, pollution control vessels and more.

Technology and Modernisation Drive

HSL’s in-house Design and R&D unit uses advanced 3D modelling and modular construction techniques. The shipyard is also implementing SAP S4 HANA ERP integrated with modern design software, enabling faster, smarter and more efficient production.

Strong Order Book and Financial Growth

HSL’s current projects include major defence contracts worth Rs 19000 crore for the Indian Navy along with submarine refit work of Rs 932 crore.
In FY 2023-24, HSL achieved its highest ever production value of Rs 1412.91 crore and posted a profit of Rs 118.82 crore, marking a strong turnaround and growth phase.

Green Energy and Social Commitment

HSL operates Andhra Pradesh’s largest single-location rooftop solar plant with 3 MW capacity, saving around Rs 1 crore annually in energy costs. The company also runs multiple CSR initiatives supporting education and local community development.

Vision 2026

HSL aims to become an internationally competitive modern shipyard and achieve Mini Ratna status by 2026, focusing on innovation, technological excellence, skilled manpower development and sustainable growth.