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Mazagon Dock Shipbuilders
Mazagon Dock Shipbuilders Limited (MDSL) (IAST: Majhagānv Dawk Shipbuilders Limiṭeḍ) is a company with shipyards situated in Mazagaon, Mumbai. It manufactures warships and submarines for the Indian Navy and offshore platforms and associated support vessels for offshore oil drilling. It also builds tankers, cargo bulk carriers, passenger ships and ferries.
MDL is a public sector undertaking managed by the Ministry of Defence, with the Government of India holding an 80.82% stake. Its shipbuilding segment has indigenously built stealth frigates, destroyers, guided-missile destroyers, corvettes, landing platform docks, missile boats, patrol boats, trailing suction hopper dredgers, cargo ships, cargo-passenger ships, platform supply vessels, Voith tugs and BOP vessels, while its submarine segment has built conventional submarines and stealth submarines. Both segments have also performed repair and refit activities.
The company's shipyards were established in the 18th century. Ownership of the yards passed through entities including the Peninsular and Oriental Steam Navigation Company and the British-India Steam Navigation Company. Eventually, 'Mazagon Dock Limited' was registered as a public company in 1934.
The shipyard was nationalised in 1960 and is now a public sector undertaking (PSU) of the Government of India. In 2024, it became India's 18th PSU to receive the Navratna status from the Indian government.
Capt Jagmohan, IN (Retd), is the Chairman & Managing Director (CMD) of Mazagon Dock Shipbuilders Limited. The retired naval officer took over his current position on 21 April 2025. He will lead the company until his retirement on 30 September 2029. The former Navy captain has earlier served as the Director, Corporate Planning, Projects and Business Development at Goa Shipyard Limited.
As of April 2025, Mazagon Dock Shipbuilders Limited is negotiating to acquire a majority stake of Colombo Dockyard PLC (CDPLC). MDL will reportedly purchase 51% stakes from Japan's Onomichi Dockyard Co. Ltd. after the continuous losses from CDPLC. A Memorandum of Understanding (MoU) is expected by the end of the month.
The dockyard was originally established 1774 while it was acquired by the Government of India in 1960 and celebrated its 250th anniversary in 2024. As of date, the yard has built 806 platforms overall including 31 capital warships and eight submarines along with an export record of 243 vessels to international clients. The shipyard will also expected to play a major role in the Indian Navy's goal to reach a size of 175 Capital Ships with 100% indigenisation within 2047.
The company's activities are shipbuilding, submarine building, and fabrication of offshore structures. It has manufacturing facilities on both the Mumbai peninsula and on the mainland.
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Mazagon Dock Shipbuilders
Mazagon Dock Shipbuilders Limited (MDSL) (IAST: Majhagānv Dawk Shipbuilders Limiṭeḍ) is a company with shipyards situated in Mazagaon, Mumbai. It manufactures warships and submarines for the Indian Navy and offshore platforms and associated support vessels for offshore oil drilling. It also builds tankers, cargo bulk carriers, passenger ships and ferries.
MDL is a public sector undertaking managed by the Ministry of Defence, with the Government of India holding an 80.82% stake. Its shipbuilding segment has indigenously built stealth frigates, destroyers, guided-missile destroyers, corvettes, landing platform docks, missile boats, patrol boats, trailing suction hopper dredgers, cargo ships, cargo-passenger ships, platform supply vessels, Voith tugs and BOP vessels, while its submarine segment has built conventional submarines and stealth submarines. Both segments have also performed repair and refit activities.
The company's shipyards were established in the 18th century. Ownership of the yards passed through entities including the Peninsular and Oriental Steam Navigation Company and the British-India Steam Navigation Company. Eventually, 'Mazagon Dock Limited' was registered as a public company in 1934.
The shipyard was nationalised in 1960 and is now a public sector undertaking (PSU) of the Government of India. In 2024, it became India's 18th PSU to receive the Navratna status from the Indian government.
Capt Jagmohan, IN (Retd), is the Chairman & Managing Director (CMD) of Mazagon Dock Shipbuilders Limited. The retired naval officer took over his current position on 21 April 2025. He will lead the company until his retirement on 30 September 2029. The former Navy captain has earlier served as the Director, Corporate Planning, Projects and Business Development at Goa Shipyard Limited.
As of April 2025, Mazagon Dock Shipbuilders Limited is negotiating to acquire a majority stake of Colombo Dockyard PLC (CDPLC). MDL will reportedly purchase 51% stakes from Japan's Onomichi Dockyard Co. Ltd. after the continuous losses from CDPLC. A Memorandum of Understanding (MoU) is expected by the end of the month.
The dockyard was originally established 1774 while it was acquired by the Government of India in 1960 and celebrated its 250th anniversary in 2024. As of date, the yard has built 806 platforms overall including 31 capital warships and eight submarines along with an export record of 243 vessels to international clients. The shipyard will also expected to play a major role in the Indian Navy's goal to reach a size of 175 Capital Ships with 100% indigenisation within 2047.
The company's activities are shipbuilding, submarine building, and fabrication of offshore structures. It has manufacturing facilities on both the Mumbai peninsula and on the mainland.