Mazagon Dock moves into merchant shipbuilding with ₹15,000-crore yard in Andhra’s Dugarajapatnam
Mazagon Dock Shipbuilders Ltd announced plans to enter the commercial vessel market by constructing a new shipyard in Dugarajapatnam, Andhra Pradesh. The venture will involve an investment of roughly 15,000 crore rupees over the next five to seven years. Officials expect the facility to generate about 45,000 jobs, both direct and indirect, boosting regional employment and industrial capacity.