Mazagone Dock makes first global acquisition, picks controlling stake in Colombo Dockyard for $53 million. Details here
Mazagon Dock Shipbuilders is acquiring a controlling stake in Sri Lanka's Colombo Dockyard PLC for $52.96 million, marking its first international acquisition. This move enhances India's maritime influence and aligns with the Maritime Amrit Kaal Vision 2047.
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