Cochin Shipyard (CSL) will establish shipbuilding and repair facilities in the Andaman and Nicobar Islands, Gujarat, Kolkata and Mumbai, according to the nation’s shipping minister, Nitin Gadkari. The move is in line with the current Indian government’s ‘Make in India’ campaign.
CSL has been in touch with the nation’s largest ports, looking to establish ship repair facilities while it aims to build ships in Kolkata and the Andaman and Nicobar Islands.
The state-controlled shipbuilder listed last month raising more than $200m for its planned expansion across India.