MDL Secures Majority Stake In Colombo Dockyard For $26.8M In Landmark Overseas Expansion

Mazagon Dock Shipbuilders Limited, which operates as India’s premier Defence
Public Sector Undertaking under the Ministry of Defence, Government of India,
has officially announced a landmark international expansion.

The company has successfully completed the acquisition of a controlling 51 per
cent stake in Colombo Dockyard PLC, the largest shipyard in Sri Lanka. As a
result of
Mazagon Dock Shipbuilders Limited, which operates as India’s premier Defence
Public Sector Undertaking under the Ministry of Defence, Government of India,
has officially announced a landmark international expansion.

The company has successfully completed the acquisition of a controlling 51 per
cent stake in Colombo Dockyard PLC, the largest shipyard in Sri Lanka. As a
result of
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