The vessel, launched yesterday, is the second in a series of 20 numbers FPVs contracted by CSL for the Coast Guard, a release said.
The contract was signed in 2010 with delivery of the last vessel slated for 2017.
The 50 metre x 7.6 metre x 4.65 metre vessels have a designed speed of 33 knots. The primary role of the vessel include fisheries protection and monitoring, patrol within exclusive economic zone and coastal patrol, anti-smuggling, search and rescue operations and for anti-piracy operations.
India's only aircraft carrier, INS Viraat, is drydocked at Cochin Shipyard Ltd for extensive maintenance work and re-fit.
In 2011-12, CSL delivered five Platform Supply Vessels, for various international and domestic owners. This financial year CSL has delivered five Offshore Support Ships to Shipping Corporation of India.
CSL is due to deliver one more ship during the current financial year 2012-13, the release added.