Mazagon Dock Shipbuilders Limited (MDL) has acquired a 51% stake in Colombo Dockyard PLC for USD 26.8 million, marking India’s first international shipyard acquisition. This strategic move enhances MDL’s shipbuilding capabilities and aligns with India’s Maritime Amrit Kaal Vision 2047, reinforcing its influence in the Indian Ocean.
Mazagon Dock Shipbuilders Limited (MDL) is expanding to the eastern seaboard by signing an MoU with Guidance Tamil Nadu. This development, formalized on September 19, 2025, underscores MDL’s commitment to establish a new shipyard, enhancing India’s maritime security and supporting national initiatives like Aatmanirbhar Bharat and Maritime India Vision 2030.
The keel-laying ceremony for a new training ship for the Indian Coast Guard was held at Mazagon Dock Shipbuilders Ltd in Mumbai. The ship, equipped with advanced facilities and technology, aims to provide high-quality training at sea for under-trainee officers. This project underscores India’s commitment to self-reliance in defense production and maritime security.
