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Google trend - Mazagon Dock Shipbuilders

Mazagon Dock Shipbuilders' market cap crosses ₹1 lakh crore ...

Mazagon Dock Shipbuilders' market capitalisation crossed ₹1 lakh crore milestone on July 4. The surge follows the company's recent designation as a ...

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Rs 246 to Rs 5600: This defence stock turned into a multibagger in ...

Shares of Mazagon Dock gained 20% to a record high amid a rally in the broader market today. The defence sector stock hit a record high of Rs 5623.50 on BSE ...

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Mazagon Dock Shipbuilders - 10 things to know with detail
  • History: Mazagon Dock Shipbuilders Limited (MDL) is a premier shipyard in India, located in Mumbai. It was established in 1934 as a small dry dock for repairing and building of warships and submarines.
  • Ownership: MDL is a public sector undertaking (PSU) under the Ministry of Defence, Government of India. It is the only shipyard in India that is capable of building both submarines and warships.
  • Infrastructure: MDL has a state-of-the-art shipbuilding facility spread over 285 acres with modern manufacturing infrastructure, including two dry docks and a wet basin.
  • Products: MDL specializes in the construction of warships, submarines, and other naval vessels for the Indian Navy and Coast Guard. It has built a wide range of vessels, including destroyers, frigates, corvettes, and submarines.
  • Collaboration: MDL has collaborated with various international shipyards and technology partners for the transfer of technology and expertise in shipbuilding. It has tie-ups with companies like DCNS (France), Rosoboronexport (Russia), and Navantia (Spain).
  • Indigenous capabilities: MDL has developed indigenous capabilities in ship design, construction, and integration of weapons and sensors. It has successfully delivered complex and technologically advanced vessels to the Indian Navy.
  • Modernization: MDL is continuously investing in modernization and upgradation of its facilities to enhance its shipbuilding capabilities. It has implemented advanced technologies and processes to improve efficiency and productivity.
  • Quality standards: MDL follows stringent quality standards and procedures to ensure the highest level of quality in its products. It is certified for ISO 9001:2015, ISO 14001:2015, and OHSAS 18001:2007 standards.
  • Human resources: MDL has a skilled workforce of engineers, technicians, and support staff who are trained in shipbuilding and related technologies. It provides training and development opportunities to its employees to enhance their skills.
  • Future projects: MDL has a strong order book for the construction of various warships and submarines for the Indian Navy. It is also exploring opportunities for exports and collaborations with foreign shipyards for mutual benefit.
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