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Letter to BS: Mazagon Dock unable to meet operational, safety standards

This is a good opportunity to revive several private sector shipyards, which were booming just a decade ago but are languishing now due to a lack of new orders

Business Standard 

Letter to BS: Mazagon Dock unable to meet operational, safety standards

This refers to the article “finds defects in Scorpene” (June 15). It is unfortunate that despite three decades of experience in construction, public sector shipbuilder Ltd. is unable to meet minimal operational and safety standards. It is imperative for the government to involve the private sector in the and warship building programmes for the Indian This is also a good opportunity to revive several private sector shipyards, which were booming just a decade ago but are languishing now due to a lack of new orders. Several yards are undergoing the insolvency resolution process, but are unable to find suitable bidders primarily due to lack of orders.

It would be a wise move to reserve fresh naval orders for the private sector in order to attract leading players in the heavy engineering sector from India as well as abroad to bid for these stressed assets. Fortunately, the state of the art infrastructure commissioned by private sector yards during their peak years is intact. This would also fit in well with the government's objective to reboot the economy. The experience of and has established that compared to other industries, the shipbuilding sector has the highest economic multiplier effect on jobs, investment and growth of ancillary industries.

S B Bhalerao, Mumbai


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First Published: Mon, June 17 2019. 21:43 IST
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