Cochin Shipyard forms JV with Hooghly Dock & Port Engineers

For modernisation of shipbuilding infrastructure of two shipyards in Kolkata

Cochin Shipyard announced that the Ministry of Shipping, Government of India vide letter No. SY-11018/1/2010- HDPE dated 29 March 2017 had approved formation of Joint Venture Company between Cochin Shipyard and Hooghly Dock & Port Engineers for upgradation and modernization of shipbuilding infrastructure at the two shipyard sites of Salkia and Nazirgunge in Kolkata.

Accordingly, a Joint Venture Company has been incorporated today in the name of Hooghly Cochin Shipyard. Cochin Shipyard and Hooghly Dock & Port Engineers will have 76% and 24% stake in the Company respectively.

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