Anil Ambani's shipbuilding ambitions: Depending on domestic orders
Apr 20: Reliance Naval and Engineering Limited (RNAVAL), formerly known as Pipavav Shipyard Limited, claims to be capable of building high-quality ships at par with world’s top shipyards. 8The Anil Ambani run company can assemble ships up to 400,000 dwt 8It is also being developed into a repair hub for ships 8At a time when there is a global glut in shipbuilding capacity, the company will find it tough to elicit interest internationally 8Can local nomination orders from the government and public sector companies can keep it going? Click on Reports for a detailed report