Mazagon Dock Shipbuilders Ltd. plans to invest approximately ₹27,000 crore to develop a new shipbuilding hub at Dighi Port in Maharashtra’s Raigad district. The company has signed an MoU with National Shipbuilding and Heavy Industries Park Maharashtra Ltd. to advance the proposed project. The facility aims to strengthen India’s shipbuilding capacity, with a targeted annual capacity of at least 2 million gross tonnes. The project is expected to generate around 90,000 direct and indirect jobs and support related industries such as engineering, manufacturing and logistics. The initiative aims to strengthen India’s maritime infrastructure, boost domestic shipbuilding and improve the country’s competitiveness in the global shipping industry.