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Thursday, 21 May 2015

Reliance Infra seeks Russian partner to make submarines, ships at Pipavav Defence May 22, 2015 at 08:17AM

SOURCE: ECONOMIC TIMES Anil Ambani-led Reliance Infrastructure, which recently acquired an 18 per cent stake in Pipavav Defence & Offshore Engineering, is scouting for an international joint venture-cumtechnology partner in Russia to locally manufacture nuclearpowered submarines and stealth warships at Pipavav in Gujarat. Pipavav Defence is India’a largest defence shipyard with a permit to manufacture […]

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