India's largest shipyard to acquire majority stake in Colombo Dockyard
Edited By WION Video Desk
Published: Jun 28, 2025, 21:30 IST | Updated: Jun 28, 2025, 21:30 IST
India's largest shipyard, Mazagon Dock Shipbuilders Limited, is set to acquire a controlling stake in Sri Lanka's Colombo Dockyard. This strategic move marks MDL's first international acquisition and provides a foothold in the Indian Ocean Region.
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