Shipyards

The construction of these ships will generate employment of 4.5 million man-days over a period of nine years

The Arnala-class is designed to undertake anti-submarine operations in coastal waters and low-intensity maritime operations, including subsurface surveillance in littoral waters

According to senior Ministry of Defence (MoD) officials, New Delhi had proposed during the 2 + 2 dialoge in April that the US Navy could avail of the services and expertise of Indian shipyards

We have said we can completely take care of those ships whose length is less than 200 metres, the MDL chief had said during an interaction with reporters last week

In a small but significant move, India and the US have decided to explore the possibilities of Indian shipyards not only maintaining but also repairing American navy ships. This is expected to not only further boost the India-US defence trade, but also bring additional business to the Indian shipyards. The decision was taken during the India-US 2+2 ministerial that was held here on Monday. US Secretary of State Antony Blinken along with Defence Secretary Lloyd Austin led the American delegation while the Indian delegation was led by External Affairs Minister S Jaishankar and Defence Minister Rajnath Singh. "To further enhance defence industrial cooperation in the naval sector, both sides agreed to explore possibilities of utilising the Indian shipyards for repair and maintenance of ships of the US Maritime Sealift Command (MSC) to support mid-voyage repair of US Naval ships," said the joint statement issued after the 2+2 Dialogue. Over the past one decade, there has been enhanced

ABG Shipyard was biggest contributor, at Rs 23,000 cr, to the drain on banks' coffers

The land and facility was acquired under an auction sale by Union Bank of India

In a statement, CSL said the 56 metre long Ro-Ro Vessel is built with in-house design for day and night operation all round the year to carry 15 TEU container trailers and 30 passengers

Gujarat government has decided to restart the state's second ship-breaking yard at Sachana after having resolved issues pertaining to its environmental clearances, an official said

Banks to take huge haircuts as the plan proposes to pay only 9.74 per cent of the total admitted Rs 602 crore debt

Ficci asks Rajnath Singh for level playing field for private shipyards'

They also asked the government to set up an empowered shipbuilding division within the shipping ministry to ensure higher utilisation of capacity and liberalisation of tender terms