Mazagon Dock Shipbuilders Acquires Colombo Dockyard in Strategic Expansion
Strategic Acquisition Enhances Regional Maritime Capabilities State-owned Mazagon Dock Shipbuilders Limited (MDL) has successfully acquired Colombo Dockyard PLC (CDPLC) for ₹452 crore, marking a significant consolidation in the South Asian shipbuilding and repair sector. This transaction, finalized this week, integrates the Sri Lankan facility into the Indian defense giant’s operational network, aiming to bolster maritime…
