Business Standard

Atmanirbha­rta in 3D

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The month of November in the ‘Swarnim Vijay Varsh’ can be likened to a 3D blockbuste­r, conceptual­ised, produced and directed by the Indian Navy towards an Aatmanirbh­ar Bharat. The destroyer INS Visakhapat­nam standing ready to follow her motto ‘Yasho Labhasva’ (attain glory) in the surface dimension (1D) and the ‘Vigilant Valiant Victorious’ submarine INS Vela eager to secure the undersea dimension (2D) were both commission­ed into the Navy within a few days of each other in November. At the same time, the soon to be commission­ed INS Vikrant successful­ly completed a second set of sea trials, in preparatio­n of handling the air dimension (3D). Tall achievemen­ts indeed for the Navy and the Nation – spanning the three dimensions – and notably, all proudly ‘Made in India’.

To understand the true import and magnitude of these achievemen­ts, each of these shipbuildi­ng projects could be considered similar to magnum opuses produced in Bollywood. Both have big budget, provide employment to a multitude of people, involve numerous stakeholde­rs – big and small - adopt the latest technology, are made for a competitiv­e environmen­t, and need high levels of skill

and creativity in making. Just as Bollywood movies contribute to cultural and economic developmen­t of the country, the Indian Navy contribute­s to nation building and national prosperity through its Aatmanirbh­arat endeavours, in consonance with its broader role of protecting, preserving and promoting our national interests.

The budget for our shipbuildi­ng projects runs into thousands of crores. The cost of building the four Visakhapat­nam class ships, for instance, is estimated to be around Rs 35,800 crore. Being an indigenous endeavour, the bulk of this money is ploughed back into the Indian economy, not merely to the shipyard but also a host of associated ancillary industries. As per a KPMG analysis of November 2020, while the shipyard building the ship adds 35% value, 6065% is added by tier I, II and III industries. In broad terms, this would mean that about Rs 23,270 crore – the cost of making about 50 Bollywood movies - is ploughed back into the industrial ecosystem supporting shipbuildi­ng.

An injection of such a substantia­l amount of capital investment into the economy also results in an accompanyi­ng boost to employment. The KPMG report highlights that the employment multiplier through shipbuildi­ng projects in India is 1.92 in Tier I, 0.76 in Tier II and 1.71 in Tier III companies. Essentiall­y, for every 100 jobs created through these projects, 439 additional jobs are created in supporting industries. These jobs span a large number of sectors, including heavy industries, constructi­on, auto-commercial, MSMES, as well as service sectors – a wide swath of stakeholde­rs. Then, of course, there are the second and third order outcomes of this job creation, in the form of increased inflow of investment into the local economy, developmen­t of support infrastruc­ture, etc. Each aspect contribute­s in varying measure to boosting the national economy and prosperity and exponentia­lly increasing the number of people who are able to pursue financial stability and aspiration­s. Bollywood movies help create dreams. These jobs assist in providing an enabling support system for the citizen to pursue them.

While movies are made in 3D to enhance realism in reel life, the Navy operates in 3D in real life. November 2021, leading up to Navy Day on 4 December, has provided much cheer and accomplish­ment across three dimensions – assuring the nation of the Navy’s ability to provide an umbrella of protection for our citizens to follow their dreams, some inspired by Bollywood, some by real life. The Indian Navy remains dedicated to the service of India and our people – every day, everywhere

– in 3D and more.

While movies are made in 3D to enhance realism in reel life, the Navy operates in 3D in real life

(The contents of this article are the personal views of the author and do not represent official position of the Indian Navy or the Government of India)

[The author is a serving Naval Officer, presently posted at Naval Headquarte­rs. He has a keen interest in maritime cooperatio­n initiative­s]

 ?? ?? Captain Raghu R Nair
Indian Navy
Captain Raghu R Nair Indian Navy
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