Amid Chinese fishing in Indian waters, Mazagon Dock buys controlling stake in Colombo Shipyard

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Mazagon Dock Shipbuilders Limited is set to acquire a controlling stake in Colombo Dockyard PLC (CDPLC) for $52.96 million, making MDL the majority shareholder. This strategic move will expand MDL’s production capacity and establish it as a key player in South Asia.

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Amid Chinese fishing in Indian waters, Mazagon Dock buys controlling stake in Colombo Shipyard

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