India Declares Bolstering Naval Shipbuilding Capacity
(MENAFN) India is set to allocate as much as $588 million toward enhancing its shipbuilding capabilities in Mumbai, according to a news agency, which cited unnamed insiders.
The initiative is being spearheaded by the government-operated Mazagon Dock Shipbuilders Limited (MDL), aiming to expand its footprint by reclaiming approximately 10 acres of sea area adjacent to its current shipyard.
As reported, this strategic development involves the creation of two new basins designed to allow concurrent construction and servicing of large-scale naval vessels, including warships and submarines.
This enhancement is expected to align with the growing requirements of the Indian Navy for cutting-edge maritime platforms.
Moreover, the upgrade is projected to significantly boost the dockyard’s operational efficiency.
It plans to double its current deadweight handling capacity from 40,000 tons to 80,000 tons.
Deadweight handling capacity denotes the maximum weight a vessel can transport, excluding the vessel’s own mass.
Additionally, MDL has obtained a 29-year lease on 15 acres of land, where shipbuilding activities are already underway.
At present, the facility is capable of constructing up to 11 submarines and 10 warships simultaneously.
These numbers are anticipated to rise, particularly as the yard undertakes two pivotal submarine programs for the Indian Navy.
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