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Mazagon Dock to invest ₹15,000 crore in Andhra shipyard

Mazagon Dock Shipbuilders Ltd plans to invest around ₹15,000 crore to develop a greenfield shipyard at Dugarajapatnam in Andhra Pradesh, targeting about 45,000 direct and indirect jobs.

MAZDOCK

Mazagon Dock Shipbuilders Ltd (MDL) will invest around ₹15,000 crore to develop a Greenfield shipyard at Dugarajapatnam in Andhra Pradesh. The project is expected to generate around 45,000 direct and indirect jobs. The Navratna defence public sector undertaking has signed a memorandum of understanding.