Mazagaon Dock Shipbuilders to develop ₹15,000 cr greenfield shipyard in Andhra
MDL, a PSU under the Ministry of Defence, on Friday inked an agreement with NSHIP-AP to develop a modern greenfield shipyard at Dugarajapatnam, Tirupati district with an investment of ₹15,000 crore. Inked in the presence of Chief Minister N Chandrababu Naidu, the investment stretching over five to seven years is expected to generate around 45,000 jobs, an official release said. "Mazagon Dock…
Mazagon Dock Shipbuilders Limited (MDL), a state-owned enterprise under the Ministry of Defence, has signed an agreement with National Shipbuilding and Heavy Industries Park-Andhra Pradesh (NSHIP-AP) to build a new greenfield shipyard in Dugarajapatnam, Tirupati district. The project is expected to cost around ₹15,000 crore and will generate approximately 45,000 jobs over a period of five to seven years.
MDL signed the pact with NSHIP-AP, a Special Purpose Vehicle formed by the Andhra Pradesh Maritime Board and Visakhapatnam Port Authority, in the presence of Chief Minister N Chandrababu Naidu.
Chandrababu Naidu emphasized Andhra Pradesh's commitment to becoming one of the world's top five shipbuilding nations by 2047. He highlighted the state's strategic location, extensive coastline, and industrial ecosystem as key factors driving the development of this shipbuilding hub. The Dugarajapatnam shipbuilding cluster, with MDL as the anchor shipyard, will significantly contribute to the state's maritime development and attract investments and ancillary industries.
The proposed shipyard will have a capacity of 1.2 million gross tonnage per annum and will be able to build commercial vessels such as tankers, bulk carriers, and other large specialized vessels. The Andhra Pradesh government is working on developing a greenfield shipbuilding-cum-port cluster at Dugarajapatnam, with the port development estimated at ₹9,513 crore by the Government of India. The shipbuilding cluster falls under the Government of India's Shipbuilding Development Scheme (SbDS).
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