Amid Chinese language fishing in Indian waters, Mazagon Dock buys controlling stake in Colombo Shipyard, ETCFO
New Delhi: In a strategic acquisition that can considerably increase its manufacturing capability and take it on the trail of turning into a world participant, India’s largest shipyard, Mazagon Dock Shipbuilders Restricted (MDL), is shopping for a controlling stake in Sri Lanka’s largest shipbuilder, situated within the port of Colombo. The controlling stake in Colombo…