Reliance Naval & Engineering (RNAVAL) has launched state-of-the-art Training Ship of 3,000 tonne displacement at its shipyard located at the Port of Pipavav in the state of Gujarat for Indian Coast Guard. The shipyard has an installed throughput of 140,000 tons of steel, equivalent to an annual revenue of a minimum Rs 4,000 crore.
The shipyard presently has a meagre order book of Rs 4,000 crore, which does not justify the huge capital investment in building this most modern shipyard.
RNAVAL (formerly Reliance Defence and Engineering / Pipavav Defence and Offshore Engineering Company) has the largest engineering infrastructure in India and is one of the largest in the world. RNAVAL is the first private sector company in India to obtain the licence and contract to build warships.
Company Name | CMP |
---|---|
Shipping Corpn. | 232.65 |
GE Shipping | 1092.15 |
Dredging Corp | 825.00 |
Shreyas Shipping | 303.05 |
Seamec | 1106.95 |
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