The INS Vikrant, India's first aircraft carrier that played a key role in the 1971 India-Pakistan war, has been sold to a ship-breaking company named IB Commercial Private Limited.
The private-sector ship-breaker bought the aircraft carrier, which was commissioned in 1961 and decommissioned in 1997, for Rs 63.2 crore. The auction took place last week.
Earlier, there were plans of converting the huge ship into a museum, but the project was abandoned as the ship's condition was very bad. It had got rusted and sustained notable structural damage.
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