“If Indian shipyards properly address the tremendous demand arising from the needs of the Indian maritime market, it can result in an opportunity of over $237 billion (20 crore) by 2047,” according to an official statement.Ramachandran chaired a workshop on Thursday attended by more than 100...
New Delhi: The shipping ministry will soon introduce a new shipbuilding and repair policy under the 100-day action plan, a senior government official said on Thursday.Maritime India Vision 2030 (MIV 2030) aims to move India's shipbuilding and repair ranking to the top 10 globally, while Amrit...
Discussions focused on identifying growth opportunities, addressing challenges and exploring innovative solutions, the minister said after the meeting.“The government's goal is to build a robust maritime ecosystem that supports economic growth and environmental sustainability. With projects...
Chennai (Tamil Nadu) [India], The keel laying ceremony of the second Cadet Training Ship (Yard - 18004) was held at M/s L&T Shipyard, Kattupalli on Monday, the Defense Ministry said in a press release.The keel laying ceremony marks the beginning of the construction of the ship.The ceremony...
New Delhi: State-owned Cochin Shipyard Ltd on Friday reported a multi-fold rise in its consolidated net profit for the March 2024 quarter to Rs 258.88 crore due to higher income.It had posted a profit of Rs 39.33 crore in the year-ago period, the company said in a regulatory filing.The...
Kochi (Kerala) [India], Enforcement Directorate, Kochi Zonal Office has attached assets worth approximately Rs 12.20 crore of the shipyard company under the provisions of the Prevention of Money Laundering Act (PMLA). According to an official release from the central agency, the attached assets...
New Delhi [India], Indian Coast Guard (ICG) and Jindal Steel and Power (JSP) signed a Memorandum of Understanding (MoU) on Tuesday in New Delhi. According to a press release from the Defense Ministry, the MoU aims to ensure The objective is to supply indigenous marine-grade steel to enhance...
Visakhapatnam (Andhra Pradesh) [India], The 'Steel Cutting' ceremony of the first of five Fleet Support Ships (FSS) was held at Hindustan Shipyard Limited Visakhapatnam on Wednesday. The ceremony was presided over by Defense Secretary Giridhar Aramane. Florida Officer Commanding-in-Chief...
The company was initially registered as 'Knowledge Marine & Engineering Works Private Limited' in accordance with the Companies Act, 2013. The Certificate of Incorporation, dated October 26, 2015, was issued by the Registrar of Companies, Maharashtra, Mumbai. Later, it underwent a transformation...
Mazagon Dock Shipbuilders Limited is a company that specializes in shipbuilding and ship repair services. With operations in India and abroad, the company is divided into two segments: Shipbuilding and Submarine. Its extensive range of products includes naval platforms like destroyers...