Vijayawada, Sept. 18 -- Mazagon Dock Shipbuilders Limited (MDL), a Navratna Defence PSU under the Ministry of Defence, has signed an MoU with National Shipbuilding and Heavy Industries Park-AP (NSHIP-AP) to develop a modern greenfield shipyard at Dugarajapatnam.
The MoU was signed in the presence of Chief Minister N Chandrababu Naidu by Capt. Jagmohan (Retd.), Chairman & Managing Director, MDL, and Praveen Adhithya C V Managing Director, NSHIP-AP.
Speaking on the development, CM Naidu reiterated the government's commitment to being at the forefront of India's ambition to become one of the world's top five shipbuilding nations by 2047, stating the State will leverage its long coastline, strategic location and industrial ecosystem to drive ...