Hindustan Shipyard Plans New Satellite Shipyard in Andhra Pradesh to Boost Maritime Infrastructure
Hindustan Shipyard Limited (HSL), a prominent defence public sector company in Visakhapatnam for 85 years, plans to establish its first satellite shipyard in Andhra Pradesh. Potential locations include Mulapeta and Kakinada port. This expansion aims to enhance India’s maritime infrastructure and support HSL’s transition towards profitable defence and commercial ventures.