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Mazagon Dock Shipbuilders To Acquire Controlling Stake In Colombo Dockyard PLC

by aweeincm1

State-run Mazagon Dock Shipbuilders Limited (MDL) has decided to acquire a controlling stake in Sri Lanka’s Colombo Dockyard PLC under a USD 52.96 million deal, a move that is expected to expand India’s strategic presence in the island nation.

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