"With the commissioning of INS Vikrant India will join an elite club of nations with the capability of designing and building aircraft carrier indigenously. There are not many countries in the world to construct their own aircraft carriers," he said.
Joshi was speaking to mediapersons on the sidelines of the passing out parade at Indian Naval Academy at Ezhimala in Kannur district.
"The delay has been resolved and construction work of the submarine is on fast track now," he said.
On maritime challenges, he said utmost priority was being given to coastal security after the 26/11 terror attack. Navy has been given overall coordination of maritime and coastal security involving several agencies, including Coast Guard.
The infrastructure situation has also improved with coastal police stations acquiring patrol boats, fast interceptor boats and a radar chain has also been set up all along the coastline, he said.