The statue was unveiled by Vice Admiral HCS Bisht, Flag Officer Commanding-in-Chief, Eastern Naval Command in the presence of Professor Krishna Bose, Netaji's niece-in-law and chairperson of Netaji Research Bureau.
Consul-General of Japan in Kolkata Masayuki Taga was among several dignitaries present on the occasion.
"Netaji Subhas Chandra Bose has a maritime connection as his journey from Germany to East Asia was by submarine and he was even transferred from one submarine to another in high seas," Bisht said describing him as a daring patriot.
"His vision was against alienation of the downtrodden, communalism and for opportunity to all," he said after unveiling of the statue at INS Netaji Subhas.
Speaking on the occasion, Krishna Bose said Netaji felt "a military thrust would be necessary to give impetus to the freedom movement."
Describing Netaji as the warrier statesman of India, she said "Netaji's message for unity, strength and sacrifice will continue to flow to all parts of the country from here where the statue has been unveiled.