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Dredging Corporation of India aiming 12% growth in turnover during FY24

31 May 2023 Evaluate

Dredging Corporation of India (DCI) is aiming a 12 per cent growth to hit the turnover of more than Rs 1,300 crore in the ongoing financial year. To achieve the goal, the company is looking to participate in new dredging tenders and also planning to enter new markets.

The company is eyeing to tap the new dredging works of several ports such as Syama Prasad Mookerjee Port Authority, New Mangalore Port Authority, Mormugoa Port Authority and Deendayal Port Authority, and also looking to carry out dredging activities of the Inland Waterways Authority of India (IWAI).

Dredging Corporation of India is engaged in providing the services of capital dredging, maintenance dredging, beach nourishment, land reclamation, shallow water dredging, project management consultancy, marine construction.


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