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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?
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