Under the framework of the Government of India’s Maritime Amrit Kaal Vision 2047, Mazagon Dock Shipbuilders Limited (MDL), a Defence Public Sector Undertaking under the Ministry of Defence, has inked a Memorandum of Understanding (MoU) with Guidance Tamil Nadu, the state’s nodal agency for investment promotion and facilitation, on September 19, 2025, to explore the development of a world-class greenfield shipyard on India’s eastern coast.
The MoU was formally signed and exchanged between Shri Biju George, Director (Shipbuilding), MDL, and Dr. Darez Ahamed, IAS, Managing Director & CEO, Guidance Tamil Nadu, during a ceremony organised by the Ministry of Ports, Shipping and Waterways (MoPSW) at Bhavnagar, Gujarat. The event was graced by Shri Sarbananda Sonowal, Union Minister of MoPSW.