Reliance Naval & Engineering: A long wait for orders
Reliance Naval & Engineering, the country's largest private sector shipyard, seems to have hit a hard spot of late. 8Orders are not coming as was projected earlier. 8The Indian oil and gas industry seems to have given the shipyard a skip, for now 8Defence orders are also very slow to come by and wait is turning to be longer than expected. 8The company's performance contrasts starkly with that of its public sector counterpart, Cochin Shipyard. Click on Reports to know more.