Cochin Shipyard wins ₹6,000 crore Navy contract for vessels
after close1 source ↓written by the desknot a recommendation
- contract
- ₹6,000 crore
- quoting
- ₹1,000 crore per vessel
Cochin Shipyard Ltd is poised to secure a ₹6,000 crore contract from the Indian Navy for six large survey vessels. The shipyard emerged as the lowest bidder, quoting under ₹1,000 crore per vessel. The Navy is expected to announce the winning bid soon, which could significantly boost Cochin Shipyard's order book.
Not investment advice. For informational purposes only.