The Economic Times

Cochin Shipyard to form Rs 1,800 crore JV with DP World's Drydocks World Dubai for Kochi facility

Cochin Shipyard has successfully established a joint venture with Drydocks World Dubai to enhance its ship repair operations. This new partnership will manage the International Ship Repair Facility in Kochi, focusing on dry-docking and repairs for both commercial and naval vessels. By improving India's ship repair capabilities, this venture is poised to commence operations before the financial year concludes.