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Thursday, 5 March 2015

Defence business drives cash-rich firms to grab yards March 06, 2015 at 08:35AM

SOURCE: IHS MARITIME 360 Reliance Infrastructure’s acquisition of shipbuilder Pipavav Defence and Offshore Engineering could be a forerunner of similar deals involving some of India’s financially stressed yards. Indian companies with deep pockets will be looking to tap into USD250 billion of government-funded warship orders over the next decade. The next acquisition for Reliance, led […]



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