Pipavav warship joint venture put on hold
The ministry of defence (MoD) on Monday sent a clear signal that private Indian defence shipyards are to be treated as serious partners in building warships for the Indian Navy. Responding to written complaints from three private shipbuilders about the allegedly improper selection by government-owned Mazagon Dock Ltd (MDL), Mumbai, of Gujarat-based Pipavav Shipyard as its joint venture (JV) partner, the defence minister has struck down MDL’s decision.
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