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#766318
Fri 27 Jun 2025 10:14:PM
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Joined: Feb 2001
Posts: 381,904
Launch Director
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OP
Launch Director
Joined: Feb 2001
Posts: 381,904 |
Mazagon Dock Shipbuilders Limited is set to acquire a controlling stake in Colombo Dockyard PLC for $53 million, marking its first international acquisition and providing a strategic foothold in the Indian Ocean Region. This move aims to counter China's growing influence in Sri Lanka and establish MDL as a global maritime player. Source: Mazagon Dock's Lanka deal to give India big foothold in region
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