Strategic Expansion Plans Mazagon Dock Shipbuilders Limited (MDL), India’s premier defense public sector undertaking, is currently evaluating the establishment of a new mega shipyard in Maharashtra to bolster the nation’s maritime manufacturing capabilities. Chairman and Managing Director Sanjeev Singhal confirmed the development this week, noting that the company is actively scouting locations to accommodate the…
The Indian Coast Guard (ICG) officially commissioned the Fast Patrol Vessel (FPV) ‘Achal’ into service this week, marking a significant expansion of India’s maritime surveillance capabilities. The vessel, which is now stationed at Vadinar in Gujarat, will operate under the direct administrative and operational control of the Commander, Coast Guard Region (North West) to bolster…
Mazagon Dock Shipbuilders Ltd (MDL), a premier defense public sector undertaking in India, reported a significant financial turnaround for the fourth quarter ending March 31, 2024, as the company’s net profit more than doubled to ₹679 crore. This performance represents a substantial leap from the ₹326 crore recorded during the same period in the previous…