Katupalli Shipyard Expansion to Boost Shipbuilding Tamil Nadu
Larsen & Toubro Ltd (L&T) plans to invest ₹1,000 crore to expand its shipbuilding complex in Katupalli, Tamil Nadu. The project aims to enhance production capacity, with a target of producing 50,000 tons and constructing 25 new ships annually. Development is set to begin in October, with completion expected in three years.