Mazagon Dock’s ₹452 crore deal with Sri Lankan shipyard will boost India’s maritime power: Here’s how

Mazagon Dock acquired a controlling stake in Colombo Dockyard for ₹452 crore, marking its first international acquisition. The deal aims to enhance MDL's position in shipbuilding and repair, unlocking synergies and expanding market reach, with completion expected in 4 to 6 months.

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