‘Maruti moment’: India aims Rs 70,000 crore package for domestic shipbuilding; reduce reliance on foreign vessels
India launched a Rs 70,000-crore package to revolutionize its shipbuilding sector, aiming for a “Maruti moment.” This initiative seeks to reduce reliance on foreign vessels, ...
Govt to expand Maritime Development Fund to Rs 70k cr; eyes global shipbuilding rank
To boost maritime growth, the government is expanding the Maritime Development Fund to Rs 70,000 crore, supporting shipbuilding, port infrastructure, and shipping. The fund will ...
Strategic shipyard deal: Mazagon Dock Shipbuilders to acquire controlling stake in Colombo Dockyard for $52.96 million; India eyes regional maritime edge
Mazagon Dock Shipbuilders Limited (MDL) is set to acquire a controlling stake in Colombo Dockyard PLC (CDPLC) for up to $52.96 million, marking its first ...
