By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
India Times NowIndia Times NowIndia Times Now
Notification Show More
Font ResizerAa
  • Bharat Shreshtha Ratna Sanman
  • India News
  • Categories
    • Technology
    • Entertainment
    • The Escapist
    • Insider
    • Finance ₹
    • India News
    • Science
    • Health
Reading: Andhra Pradesh govt. forms SPV for mega shipbuilding hub at Dugarajapatnam
Share
India Times NowIndia Times Now
Font ResizerAa
  • Bharat Shreshtha Ratna Sanman
  • India News
  • Categories
Search
  • Bharat Shreshtha Ratna Sanman
  • India News
  • Categories
    • Technology
    • Entertainment
    • The Escapist
    • Insider
    • Finance ₹
    • India News
    • Science
    • Health
Have an existing account? Sign In
Follow US

Home » Andhra Pradesh govt. forms SPV for mega shipbuilding hub at Dugarajapatnam

India News

Andhra Pradesh govt. forms SPV for mega shipbuilding hub at Dugarajapatnam

Times Desk
Last updated: March 2, 2026 3:30 pm
Times Desk
Published: March 2, 2026
Share
SHARE


The State government on Monday issued G.O. Ms. No. 7 for setting up a Special Purpose Vehicle titled National Shipbuilding and Heavy Industries Park Andhra Pradesh Limited, under the Companies Act, 2013, to promote shipbuilding, ship repair and allied maritime infrastructure at Dugarajapatnam in Tirupati district.

The order, issued by M. T. Krishna Babu, Special Chief Secretary, Infrastructure and Investments, Ports, stated that the initiative aligns with the Government of India’s vision to scale up domestic shipbuilding capacity and fast track the proposed National Mega Shipbuilding Cluster in Andhra Pradesh.

Earlier, the Andhra Pradesh Maritime Board entered into a memorandum of understanding with the Visakhapatnam Port Authority for establishing the shipbuilding cluster at Dugarajapatnam under the Shipbuilding Development Scheme of the Ministry of Ports, Shipping and Waterways. The Maritime Board will now initiate steps for land acquisition for the proposed Dugarajapatnam greenfield port and shipbuilding cluster and for operationalising the new company.

The key objectives of National Shipbuilding and Heavy Industries Park Andhra Pradesh Limited include development of shipbuilding, ship repair and heavy engineering facilities such as dry docks, ship lifts, outfitting berths and allied marine infrastructure. The company will also plan and allot land to shipyards, ancillary units and maritime industries, implement projects through PPP and other models, and promote a comprehensive maritime manufacturing ecosystem with focus on ancillary industries, skill development, innovation, research and technology partnerships.

Published – March 02, 2026 09:00 pm IST



Source link

Palaniswami did not build a strong alliance to garner anti-incumbency votes, says PT chief K. Krishnasamy
CCB arrests Nigerian national, recover synthetic drugs worth ₹5.15 crore
Lakshmi could have been a child bride
Four banks move CIC against RBI nod to disclose NPAs, defaulters’ list under RTI
APTF seeks local cadre status for ZP teachers, warns of agitations
TAGGED:Andhra Pradesh government establishes a Special Purpose Vehicle for a mega shipbuilding hub at Dugarajapatnam to enhance maritime infrastructure.
Share This Article
Facebook Email Print
Leave a Comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Follow US

Find US on Social Medias
FacebookLike
XFollow
YoutubeSubscribe
TelegramFollow

Weekly Newsletter

Subscribe to our newsletter to get our newest articles instantly!
[mc4wp_form]
Popular News
EntertainmentMovieMusic

Will Vijay’s Jana Nayagan be trimmed by over 20 minutes to remove ‘problematic’ scenes? Tamil producer reacts

Times Desk
Times Desk
February 4, 2026
CM okays land for railway coaching terminals at Amaravati, Gannavaram
Ayyankuzhi families vacate lodge, claim BPCL-KR has agreed to pay rent
Hindu Jagarana Vedike plans protest against mosque built illegally
MD of chit fund company arrested for ‘cheating’ depositors
- Advertisement -
Ad imageAd image
Global Coronavirus Cases

Confirmed

0

Death

0

More Information:Covid-19 Statistics
© INDIA TIMES NOW 2026 . All Rights Reserved.
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?