A Vikrant Memorial was unveiled by Vice Admiral SPS Cheema, Flag Officer Commanding-in-Chief, Western Naval Command & Shri Ajoy Mehta, Municipal Commissioner, Municipal Corporation of Greater Mumbai on 25 January 2016. The memorial is located on a traffic island at K Subash Marg, opposite Lion Gate, Naval Dockyard (Mumbai). Commodore Medioma Bhada (Retd), of the Vikrant Memorial Forum and an ex-pilot of Vikrant explained to those present that the memorial is a sculpture created with pieces of metal recovered from the ship-breaking yard and belonged to the decommissioned ship. He also thanked Mazagon Dock Shipbuilders Limited for their sponsorship and assistance. The sculpture has been designed and crafted by Mr Arzan Khambatta, a sculptor who is known to bring metal to life.
The memorial is a living testimony of deep gratitude to a majestic ship from all those who served on her as she created the legacy as pioneer of Indian Navy’s Aviation Arm. Speaking on the occasion Vice Admiral SPS Cheema said that the first aircraft carrier of the country Vikrant laid sound foundation of air operations for the Indian Navy. The valuable lessons learnt on her decks are enshrined in the organization of Indian Navy enabling the Navy in fluently integrating the recently inducted aircraft carrier INS Vikramaditya.