Mazagon Dock, GRSE, Cochin Shipyard set for 3x order boom by FY27 amid defence windfall: Antique Broking
- Posted on May 13, 2025
- By Business News Today
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Mazagon Dock, GRSE, Cochin Shipyard set for 3x order boom by FY27 amid defence windfall: Antique Broking
Indian state-run defence shipbuilders are set for a significant order surge, potentially tripling their combined order books in the next two years. This boom is driven by increased defence spending, indigenisation efforts, and a robust pipeline of naval projects including submarines, corvettes, and frigates.
