Mazagon Dock moves into merchant shipbuilding with ₹15,000-crore yard in Andhra’s Dugarajapatnam
- Mazagon Dock Shipbuilders plans to invest about ₹15,000 crore over five to seven years in a greenfield shipyard at Dugarajapatnam, Andhra Pradesh.
- The project is expected to create about 45,000 direct and indirect jobs and will require government approvals and statutory clearances.
- The shipyard is planned to produce commercial vessels, including tankers, container ships, and LNG carriers.
- Mazagon Dock Shipbuilders signed an agreement with National Shipbuilding and Heavy Industries Park-AP to develop the facility.
12 Articles
12 Articles
Mazagon Dock Shipbuilders to invest ₹15,000 crore in Greenfield shipyard at Dugarajapatnam
Mazagon Dock Shipbuilders Ltd (MDL) will invest around ₹15,000 crore to develop a Greenfield shipyard at Dugarajapatnam in Andhra Pradesh, with the project expected to generate around 45,000 direct and indirect jobs.
Mazagon Dock to invest Rs 15,000 crore in greenfield shipyard in Andhra Pradesh
The Dugarajapatnam shipbuilding cluster, with MDL as the anchor shipyard, would help position Andhra Pradesh as a major shipbuilding hub and attract investments and ancillary industries to the state, Chief Minister N Chandrababu Naidu said.
MDL Signs MoU for Rs 15,000 Crore Shipyard in Andhra Pradesh
New Delhi, September 18 (APAC Media): Mazagon Dock Shipbuilders Limited (MDL) has signed a Memorandum of Understanding (MoU) with National Shipbuilding and Heavy Industries Park–AP (NSHIP-AP) to develop a greenfield shipyard at Dugarajapatnam in Andhra Pradesh. Rs 15,000 Crore Investment Planned MDL will serve as the Anchor Shipyard for the proposed Dugarajapatnam Shipbuilding-cum-Port Cluster. The […] The post MDL Signs MoU for Rs 15,000 Crore …
Mazagon Dock Signs MoU for Rs 15,000 Crore Greenfield Shipyard in Andhra Pradesh
Mazagon Dock Shipbuilders announced that it has signed a memorandum of understanding (MoU) to develop a greenfield shipyard at Dugarajapatnam in Andhra Pradesh. The company plans to invest around Rs 15,000 crore in the project over the next five to seven years, subject to regulatory approvals and clearances. The MoU...
Mazagon Dock Shipbuilders signs MOU with Andhra Pradesh shipbuilding park
Mazagon Dock Shipbuilders has signed a memorandum of understanding with National Shipbuilding & Heavy Industries Park Andhra Pradesh, according to a BSE regulatory filing. The filing does not specify the terms, financial details, or scope of the agreement between the two organisations.
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