Mazagon Dock to invest ₹27,000 crore for Raigad shipbuilding cluster

Mazagon Dock Shipbuilders Limited announced plans to invest ₹27,000 crore to establish a shipbuilding cluster in Raigad, Maharashtra. The project is expected to create approximately 90,000 employment opportunities.

The cluster development represents a significant expansion of shipbuilding capacity in the region and aligns with efforts to boost the domestic maritime and defence manufacturing sectors.