Mazagon Dock Shipbuilders has executed a Memorandum of Understanding (MoU) with Mumbai Port Trust (MbPt) to further the economic growth of the region and the country under the Maritime India Summit 2021.
Mazagon Dock Shipbuilders is the India's leading defence public sector undertaking shipyard under the Ministry of Defence. It is primarily engaged in constructing and repairing warships and submarines for the MoD and other types of vessels i.e. cargo ships, multipurpose support vessels, barges and border outposts, tugs, dredgers, water tankers, etc. for commercial clients.