NEW DELHI – India’s first Indigenous Aircraft Carrier (IAC) is 85% complete and on schedule to be deployed with the country’s navy by 2018. The carrier, likely to be named INS Vikrant, is currently being built at the Cochin Shipyard Limited in Kochi, in southern India. “At the moment, 85% of the hull is complete and 90% of the fabrication is over,” says Commodore K. Subramaniam, chairman and managing director of Cochin Shipyard Ltd.