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EMPLOYMENT GENERATION IN SHIPBUILDING
Mazagon Dock Shipbuilders to invest Rs 15,000 crore in Andhra shipyardMazagon Dock Shipbuilders will invest Rs 15,000 crore in Andhra Pradesh over seven years. A new greenfield shipyard will be developed at Du...
Reforms improved India’s competitiveness, strengthened resilience: CII’s R MukundanReforms in taxation and digital infrastructure have boosted India's economic competitiveness. GST and the JAM trinity integrated millions i...
MDL plans Rs 27,000 crore shipbuilding cluster at Dighi, eyes 90,000 jobsMazagon Dock Shipbuilders will invest Rs 27,000 crore for a new shipbuilding cluster. This project aims to create approximately 90,000 jobs...
Cochin Shipyard Ltd and Drydocks World form joint venture to strengthen India’s ship repair industryDrydocks World and Cochin Shipyard Limited have formed a joint venture. This partnership will operate and expand the International Ship Rep...
GRSE, YIL step up shipbuilding, defence manufacturing capacity in West BengalGarden Reach Shipbuilders and Yantra India are expanding defence manufacturing capabilities. Five brownfield projects will involve investme...
'Bengal must now become a prime destination for investment': Suvendu Adhikari on ₹3,500 crore defence projectsWest Bengal Chief Minister Suvendu Adhikari on Sunday said Bengal must emerge as a major investment destination as he highlighted the state...
India poised to become global shipbuilding hub: Defence Minister Rajnath SinghIndia is set to become a global shipbuilding hub, addressing a market vacuum. The nation will focus on design, manufacturing, and MRO servi...
Defence Minister Rajnath Singh lays foundation for 5 expansion projects of GRSE, Yantra IndiaDuring a virtual event, Defence Minister Rajnath Singh inaugurated five noteworthy expansion projects, collectively valued at nearly Rs 3,5...
Keralam Govt to lease land to CSL for Rs 5,000 cr ship block building project, says CM SatheesanThe Kerala government has made a significant move by leasing 18.16 acres of land to Cochin Shipyard. This new land allocation will facilita...
Keralam Govt to lease land to CSL for Rs 5,000 cr ship block building project, says CM SatheesanThe Kerala government will lease 18.16 acres of land to Cochin Shipyard. This land will support a ship block building project with an inves...
From dairy machines to AI factory: L&T is future-proofing its empireLarsen & Toubro is entering a new phase of diversification, using its engineering, infrastructure and financial strength to build technolog...
US officials seek to strengthen domestic supply chains as foreign manufacturing investment surgesUS officials are working to strengthen domestic manufacturing supply chains as foreign investment rises under President Donald Trump’s tari...
Seven boys widened India's door to South Korea and everything changedSouth Korean cultural exports like K-pop and K-dramas have significantly boosted India's engagement. This cultural wave now fuels substanti...
Indian Navy inducts Mahendragiri: What is the new 'combat ready' stealth frigateIndia's navy commissions INS Mahendragiri, a new stealth frigate, on Saturday. This advanced warship joins the fleet to enhance maritime se...
Tamil Nadu signs Rs 18,600 crore MoU with Larsen & Toubro for data centre, shipbuilding projectsTamil Nadu Chief Minister V Joseph Vijay witnessed a significant MoU signing. Larsen & Toubro Limited will invest Rs 18,600 crore in three ...
Govt committed to positioning India as shipbuilding hub: Sahntanu ThakurIndia aims to become a top shipbuilding hub by 2047, driving its blue economy through strategic initiatives and investments. Maharashtra is...
Budget 2025 stocks: Shipping Corporation, Mazagon Dock jump up to 6% after FM announces sector revampThe government unveiled a major overhaul of its financial assistance policy, launching a Rs 25,000 crore Maritime Development Fund. It will...
Budget aims to position India as a global leader in maritime innovation: Minister SonowalThe Union Budget 2024-25, presented by PM Modi and FM Sitharaman, focuses on maritime innovation, job creation, economic growth, and shippi...
Ministry of Defence signs Rs 19, 600cr contract for 11 next gen OPVs, six missile vessels for NavyThe acquisitions of these ships will allow the Indian Navy to maintain its combat capability while also meeting the various operational req...
Government approves Rs 1,799-crore new dry dock at Cochin ShipyardThis big sized dry dock is a critical requirement of CSL to promote ship building and is a step in the direction of "Make in India" initiat...