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India's Warship Builder Just Bought Sri Lanka's Largest Shipyard. Here's Why It Matters.
Mazagon Dock Shipbuilders — India's premier naval shipbuilder — has completed its first international acquisition, taking a 51% controlling stake in Colombo Dockyard PLC. It is the first time an Indian shipyard has ever acquired a majority stake in an overseas facility. The move is quiet, precisely priced, and strategically significant. ₹249.5 Cr Transaction Value 51% Controlling Stake 125,000 DWT Max Dry Dock Capacity 1974 Colombo Dockyard Founded The Acquisition — What Happ
Thoughts Initiative Team
Apr 185 min read
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