Mazagon Dock, Swan Defence shares in the spotlight today; here is why

The Defence Acquisition Council (DAC) last week accorded approval for the acquisition of LPDs – a critical capability addition for the Indian Navy to undertake amphibious operations and deliver humanitarian assistance and disaster relief (HADR) missions.

Swan Defence and Heavy Industries, in a statement, said that MDL will bring its vast experience in ship design, project management, and system integration, while the company will provide its 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, it added.

Vivek Merchant, Director, Swan Defence and Heavy Industries Limited, said, "Together, we aim to deliver technologically advanced, globally competitive platforms that will strengthen the Indian Navy's blue-water capabilities."

Capt. Jagmohan, Chairman and Managing Director, Mazagon Dock Shipbuilders Ltd, said, "This partnership marks a new chapter in Indian shipbuilding. The LPDs are vital to India's maritime power projection capability, and through this collaboration, we intend to deliver world-class ships built in India, for India."

About Swan Defence

Swan Defence and Heavy Industries Limited (SDHI), formerly known as Reliance Naval and Engineering Limited, is a leading shipbuilding and heavy fabrication company in India. Strategically located on the west coast of India, the shipyard operates the country’s largest dry dock (662 m x 65 m) and has a fabrication capacity of 144,000 tonnes per annum.

About Mazagon Dock

Mazagon Dock Shipbuilders Limited (MDL) is a leading shipbuilding company in India. Founded in 1934, the company is headquartered in Mumbai. It has around a 47% stake in Goa Shipyard Limited, situated on the West Coast of India. It operates under the administrative jurisdiction of the Ministry of Defence, Government of India.

The company was a small dry dock, and its first shipyards were built in 1774. Over the years, Mazagon Dock has successfully built hundreds of vessels, including warships, submarines, cargo/passenger ships, and offshore platforms, solidifying its position in the maritime industry.

Mazagon Dock specialises in the defence sector and has produced a total of 801 vessels. The portfolio includes 27 warships, from advanced destroyers to missile boats, and 7 submarines. In addition to its defence-orientated projects, Mazagon Dock has also delivered a diverse range of vessels such as cargo and passenger ships, supply vessels, water tankers, tugs, dredgers, and fishing trawlers for clients both in India and internationally.