Mazagon Dock Shipbuilders decides to not proceed with the Thoothukudi shipyard project

Mazagon Dock Shipbuilders Ltd (MDL) has called off its proposed shipyard project in Thoothukudi, with the availability of preferred land emerging as a key issue.The land parcel sought by the public sector unit MDL was also being considered for Korean shipbuilding major HD Hyundai’s proposed shipyar…