Indian, Russian Shipyards Join To Overhaul Kilo Subs
NEW DELHI — India's private sector defense major Pipavav Defence & Offshore Engineering Co. (PDOEC) joined hands with Russian shipyard Zvyozdochka Tuesday to overhaul India's Russian -made Kilo-class submarines and possibly provide similar services to other navies in the region. A PDOEC executive said his company will hold 51 percent of equity shares in the proposed joint venture with Zvyozdochka but gave no financial details. The Russian shipyard will provide complete technical assistance to the joint venture in the ove…
Govt clears Pipavav's joint venture with Mazagon Dock
Ship maker Pipavav Defence and Offshore Engineering Co. Ltd on Friday said the government had cleared its proposed joint venture with state-run Mazagon Dock Ltd to build warships for the Indian Navy. Ship maker Pipavav Defence and Offshore Engineering Co. Ltd on Friday said the government had cleared its proposed joint venture with state-run Mazagon Dock Ltd to build warships for the Indian Navy. The Mazagon Dock Pipavav Defence joint venture can go ahead and “can carry on the business on open and transparent basis”, Pipavav Defence …
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