BL quoted Mr S Hajara CMD of SCI as saying that Shipping Corporation of India expects to firm up its plans for setting up JV for ship building by this year end.
Mr Hajara said that “We expect to firm up our plans for setting up 1 to 2 shipyards by December this year. The partner could be Indian or foreign.”
SCI is in talks with various companies for setting up the shipyards in India. He declined to share any further details on the JV. The Shipping Ministry has been working on a proposal to set up a shipyard each in the east and west coast of the country in which SCI has evinced interest. The shipbuilding plans that SCI hopes to firm up by December are however, independent of the Shipping Ministry’s proposed shipyards.
Mr Hajara said that “We expect to firm up our plans for setting up 1 to 2 shipyards by December this year. The partner could be Indian or foreign.”
SCI is in talks with various companies for setting up the shipyards in India. He declined to share any further details on the JV. The Shipping Ministry has been working on a proposal to set up a shipyard each in the east and west coast of the country in which SCI has evinced interest. The shipbuilding plans that SCI hopes to firm up by December are however, independent of the Shipping Ministry’s proposed shipyards.