After Mazagon, more state-run defence shipyards eye tie-ups

Discussion in 'Defence & Strategic Issues' started by Galaxy, Sep 19, 2011.

  1. Galaxy

    Galaxy Elite Member Elite Member

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    After Mazagon, more state-run defence shipyards eye tie-ups

    After Mazagon Dock Ltd, two more defence ministry-controlled shipyards are looking for private partners to build warships to meet rising demand from the Indian Navy and the Coast Guard.

    Hindustan Shipyard Ltd and Garden Reach Shipbuilders and Engineers Ltd have received expressions of interest from 8-10 private shipyards in response to tenders floated last month, their spokespersons said, without naming the applicants.

    Vizag-based Hindustan Shipyard, which was brought under the control of the defence ministry from the shipping ministry last year, is executing orders worth Rs.2,000 crore. Kolkata-based Garden Reach Shipbuilders has an order book of about Rs.9,000 crore.

    On Wednesday, Larsen and Toubro Ltd, India’s biggest engineering and construction firm, wrote to defence minister A.K. Antony questioning Mazagon Dock’s decision to pick Pipavav as a JV partner to build warships, Mint reported on Thursday.

    More at : After Mazagon, more state-run defence shipyards eye tie-ups - Home - livemint.com
     
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