MoU for new shipyard signed with Tamil Nadu Govt
Mazagon Dock Shipbuilders Limited (MDL), a Defence Public Sector Undertaking under the Ministry of Defence, has inked a Memorandum of Understanding (MoU) with Guidance Tamil Nadu, the state’s nodal agency for investment promotion and facilitation, on 19 Sept 2025, to explore the development of a world-class greenfield shipyard on India’s eastern coast.
The MoU was formally signed and exchanged between Biju George, Director (Shipbuilding), MDL, and Dr Darez Ahamed, IAS, Managing Director & CEO, Guidance Tamil Nadu, during a ceremony organised by the Ministry of Ports, Shipping and Waterways (MoPSW) at Bhavnagar, Gujarat. fiinews.com
