Mazagon Dock Shipbuilders Ltd (MDL) will invest around Rs 27,000 crore to set up a greenfield shipbuilding cluster at Dighi in Maharashtra’s Raigad district, a project expected to create around 90,000 jobs and significantly expand the country’s shipbuilding capacity.
The company on Tuesday signed a memorandum of understanding (MoU) with National Shipbuilding and Heavy Industries Park Maharashtra Ltd (NSHIPML) for the project in the presence of Maharashtra Chief Minister Devendra Fadnavis, according to a state government release.