Mazagon Dock's Lanka deal to give India big foothold in region...

Mazagon Dock's Lanka deal to give India big foothold in region

Δημοσιευμένα

Mazagon Dock Shipbuilders Limited is set to acquire a controlling stake in Colombo Dockyard PLC for $53 million, marking its first international acquisition and providing a strategic foothold in the Indian Ocean Region. This move aims to counter China's growing influence in Sri Lanka and establish MDL as a global maritime player.

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