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Mazagon Dock to Build ₹15,000 Crore Greenfield Shipyard in Andhra
Mazagon Dock Shipbuilders plans to build a large new shipyard in Andhra Pradesh.
The shipyard will be located at Dugarajapatnam in Tirupati district.
The company has signed an agreement with a state-linked organisation called NSHIP-AP.
The project is expected to receive ₹15,000 crore over five to seven years.
It could create about 45,000 jobs.
The shipyard will make large commercial ships, including tankers and bulk carriers.
It is designed to build ships weighing up to 1.2 million gross tonnes each year.
The state hopes the project will attract more businesses and help India become one of the world's top five shipbuilding nations by 2047.
Mazagon Dock Shipbuilders signed an agreement with NSHIP-AP to develop a greenfield shipyard at Dugarajapatnam in Andhra Pradesh.
The project is expected to involve ₹15,000 crore in investment over five to seven years and create about 45,000 jobs.
The shipyard is planned to have annual design capacity of 1.2 million gross tonnes, with potential for expansion.
It will build commercial vessels such as tankers, bulk carriers and other large specialised ships.
The wider Dugarajapatnam cluster is estimated to cost ₹29,254 crore for shipbuilding and repairs, plus ₹9,513 crore for a proposed port.
- Who
- Mazagon Dock Shipbuilders and National Shipbuilding and Heavy Industries Park-Andhra Pradesh signed the agreement, with Andhra Pradesh government and port authorities supporting the project.
- What
- They agreed to develop a modern greenfield shipyard with a proposed ₹15,000 crore investment.
- Where
- Dugarajapatnam, Tirupati district, Andhra Pradesh.
- When
- The investment is expected to be made over five to seven years; the agreement was signed on Friday.
- Why
- The project aims to create jobs, attract shipbuilding and related industries, and strengthen Andhra Pradesh's role in India's shipbuilding ambitions.
Key facts
- Investment
- ₹15,000 crore
- Development period
- Five to seven years
- Expected employment
- Around 45,000 jobs
- Annual design capacity
- 1.2 million gross tonnes
- Planned vessels
- Tankers, bulk carriers and other large specialised commercial vessels
- Estimated shipbuilding and repair yard cost
- Approximately ₹29,254 crore
- Estimated port cost
- Approximately ₹9,513 crore
- Development framework
- Government of India's Shipbuilding Development Scheme
Quotes
Mazagon Dock Shipbuilders Limited
The Ministry of Defence public-sector shipbuilder involved in the project.
“Mazagon Dock Shipbuilders Limited (MDL) signed the pact with National Shipbuilding and Heavy Industries Park-Andhra Pradesh (NSHIP-AP) to develop a modern greenfield shipyard at Dugarajapatnam,”
freepressjournal.in
N. Chandrababu Naidu
Chief Minister of Andhra Pradesh.
“Andhra Pradesh is committed to being at the forefront of this journey by leveraging its long coastline, strategic location and industrial ecosystem,”
freepressjournal.in
Sources
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