- The Union Minister Shri Nitin Gadkari and Chief Minister of Kerala Shri Pinarayi Vijayan will lay the foundation for India’s largest Dry Dock at Cochin Shipyard in Kerala.
- The Dry Dock will give an impetus to “Make in India” initiative under Sagarmala and raise India’s share in global shipbuilding to 2 percent. India currently occupies 0.66 % share in the global shipbuilding market.
- The new Dry Dock is being constructed at a cost of Rs 1799 Crore. It will be 310 m long, 75m wide, with a depth of 13 m and drought of 9.5m. The dock will be designed to handle both shipbuilding and repairs, and bear a load up to 600 T/m.
- The project is expected to be completed by May 2021 and generate employment opportunities for about 2000 people.
Published On : 29 Oct 2018
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