Mazagon Dock to invest ₹15,000 crore in Andhra Pradesh shipyard

Mazagon Dock Shipbuilders has signed a memorandum of understanding with National Shipbuilding and Heavy Industries Park-AP to establish a greenfield shipyard at Dugarajapatnam in Andhra Pradesh.

The project entails an investment of ₹15,000 crore. The facility will have a design capacity of 1.2 million gross tonnage per annum, positioning it as a significant addition to India's shipbuilding infrastructure.