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Swan Defence inks pact with Mazagon Dock Shipbuilders

29 Oct 2025 Evaluate

Swan Defence and Heavy Industries has signed an exclusive Teaming Agreement (TA) with Mazagon Dock Shipbuilders (MDL), India’s premier defence shipyard and a Navratna company under the Ministry of Defence, for collaboration in the design and construction of Landing Platform Docks (LPDs) for the Indian Navy. Recently, the Defence Acquisition Council (DAC) accorded approval for the acquisition of LPDs - a critical capability addition for the Indian Navy to project power, undertake amphibious operations, and deliver humanitarian assistance and disaster relief (HADR) missions.

Under this TA, MDL will bring its vast experience in ship design, project management, and system integration, while the company will provide its world-class shipbuilding infrastructure - the largest in the country - for the construction of the vessels. The partnership is designed to combine the technical, financial, and operational strengths of both shipyards to deliver an optimal solution for the Indian Navy.

This collaboration embodies the spirit of Public-Private Partnership (PPP) envisioned by the Government of India. By leveraging the efficiency, flexibility, and cost competitiveness of the private sector together with the proven capabilities, quality standards, and credibility of a leading public sector enterprise, the partnership aims to reduce build periods, enhance quality, and achieve cost efficiency in the construction of these complex platforms.

Swan Defence and Heavy Industries (Formerly Reliance Naval and Engineering) is India’s largest shipbuilding and heavy fabrication company, strategically located on the west coast of India. SDHI delivers high-quality solutions for the maritime and heavy engineering sectors.

Swan Defence & Heavy Share Price

1896.75 -36.30 (-1.88%)
17-Apr-2026 16:59 View Price Chart
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