World · India Bureau
Mazagon Dock to build ₹15,000 crore shipyard in Andhra Pradesh
The state government has approved a major greenfield shipyard project expected to generate 45,000 jobs and strengthen India's maritime manufacturing capacity with an annual design capacity of 1.2 million gross tonnage.
LSN India ·
Andhra Pradesh is set to host a substantial new shipbuilding facility as Mazagon Dock Shipbuilders Limited moves forward with a ₹15,000 crore investment in the state. The greenfield project marks a significant expansion of India's shipbuilding infrastructure and reflects growing efforts to boost domestic maritime manufacturing capabilities.
The proposed facility is designed to handle an annual production capacity of 1.2 million gross tonnage, positioning it as a major addition to the country's existing shipyard network. The project is expected to support the construction and repair of various vessel types, contributing to India's broader maritime sector ambitions.
Beyond its industrial output, the shipyard is projected to generate approximately 45,000 direct and indirect employment opportunities across the region. This employment impact underscores the project's significance for local economic development and skills creation in the state.
The investment aligns with India's strategic focus on strengthening indigenous shipbuilding capabilities and reducing dependence on foreign maritime manufacturing. As the project moves toward implementation, it is anticipated to support both civilian and defence-related shipping requirements for the nation.