I have a feeling that our NGMV (Missile Boats ) are actually Corvettes only.
And for Missile Boats, we will likely have a smaller vessel with NASM-MR on it... Although I agree additional units should be ordered. And considering the low costs , it should be ordered.
When Indian Navy says NGD - It's actually a Cruiser
NGF - actually a destroyer
NGC - actually a frigate
NG OPV/ NGMV - more or less Corvettes
Underplay!
Going by the press release, the NGMV are meant to deploy to "choke points" - a reference to Persian Gulf, Malacca and Sunda straits. Veer class is not big enough for those missions. So the NGMV are likely to be compared to Khukri and Kora class ships.
There is no reference to propulsion, but if the ships were GT powered it would have been a news item worthy on its own as only LM2500 is a viable GT option at present.... so i am guessing its diesel powered, which means again a full corvette sized ship.
Lets see.