Mazagon Dock Shipbuilders will develop a greenfield shipyard at Dugarajapatnam in Andhra Pradesh with an envisaged investment of Rs 15,000 crore over five to seven years. The project will have 1.2 million gross tonnes annual capacity and generate around 45,000 jobs
The construction of the fourth next-generation offshore patrol vessel for the Indian Coast Guard has commenced with a keel-laying ceremony in Mumbai. The vessel is being indigenously designed and built by Mazagon Dock Shipbuilders under the government's Aatmanirbhar Bharat initiative