Mazagon Dock Shipbuilders
{{Short description|Indian ship and submarine company}}
{{EngvarB|date=February 2017}}
{{Use dmy dates|date=February 2017}}
{{Infobox company
| name = Mazagon Dock Shipbuilders Limited
| logo = Mazagon Dock Shipbuilders.svg
| caption =
| native_name =
| former_name = Mazagon Dock Limited
| type = Public
| traded_as = {{BSE|543237}}
{{NSE|MAZDOCK}}
| industry = Shipbuilding
| foundation = {{start date and age|1934}}[http://www.mazagondock.gov.in/newsite2010/index.htm Introduction] {{webarchive|url=https://web.archive.org/web/20160419125020/http://www.mazagondock.gov.in/newsite2010/index.htm |date=19 April 2016 }} Mazagon Docks Ltd
| location_city = Mumbai, Maharashtra
| area_served =
| key_people = Shri Biju George
{{small|(Chairman & MD)}}
| products = Naval ships
Submarines
offshore platforms
Tankers
Bulk carriers
Platform supply vessels
Patrol boats
| services = Ship design
Ship building
Ship repair
| revenue = {{increase}} {{INRConvert|9644.60|c}} (FY2024)[https://www.livemint.com/mazagon-dock-shipbuilders/profit-loss-annual/companyid-s0003112 ].
| operating_income = {{increase}} {{INRConvert|1429.33|c}} (FY2023)
| profit = {{increase}} {{INRConvert|1070.72|c}} (FY2023)
| assets = {{decrease}} {{INRConvert|28880.57|c}} (FY2023)
| equity = {{Increase}} {{INRConvert|4177.56|c}} (FY2023)
| owner = Government of India (84.83%)
| num_employees = {{Decrease}} 4972 (2021-22)
| parent =
| divisions = Shipbuilding, Submarine & Heavy Engineering
| subsid =
| footnotes =
| location_country = India
| homepage = {{URL|mazagondock.in}}
}}
Mazagon Dock Shipbuilders Limited (MDL) (IAST: Majhagānv Dawk Shipbuilders Limiṭeḍ), formerly called Mazagon Dock Limited,{{Cite web|title=Company Name Change of Mazagon Dock Shipbuilders Ltd.|url=https://www.goodreturns.in/company/mazagon-dock-shipbuilders/company-name-change.html|archive-url=https://web.archive.org/web/20210308071211/https://www.goodreturns.in/company/mazagon-dock-shipbuilders/company-name-change.html|archive-date=2021-03-08|access-date=2021-03-08|website=GoodReturns.in|publisher=Greynium Information Technologies Pvt. Ltd.|language=en}} is a company with shipyards situated in Mazagaon, Mumbai. It manufactures warships and submarines for the Indian Navy and offshore platforms and associated support vessels for offshore oil drilling. It also builds tankers, cargo bulk carriers, passenger ships and ferries.{{Cite web|url=http://www.mazdock.com/|title=Mazagon|website=mazdock.com|access-date=2018-01-31|archive-date=20 July 2017|archive-url=https://web.archive.org/web/20170720162519/http://www.mazdock.com/|url-status=live}}
MDL is a public sector undertaking managed by the Ministry of Defence, with the Government of India holding an 80.82% stake.{{Cite news |date=2025-04-07 |title=Mazagon Dock shares dive 13% as govt to exercises oversubscription option to sell additional 1.18% stake |url=https://economictimes.indiatimes.com/markets/stocks/news/mazagon-dock-shares-in-focus-as-govt-exercises-oversubscription-to-sell-1-18-more-stake/articleshow/120051794.cms?utm |access-date=2025-04-20 |work=The Economic Times |issn=0013-0389}}{{Cite web |title=Mazagon Dock Shares Sink 14% in 2 Sessions as Govt Upsizes OFS |url=https://groww.in/blog/mazagon-dock-shares-live-update-april-07-2025?utm |access-date=2025-04-20 |website=Groww |language=en}} Its shipbuilding segment has indigenously built stealth frigates, destroyers, guided-missile destroyers, corvettes, landing platform docks, missile boats, patrol boats, trailing suction hopper dredgers, cargo ships, cargo-passenger ships, platform supply vessels, Voith tugs and BOP vessels, while its submarine segment has built conventional submarines and stealth submarines. Both segments have also performed repair and refit activities.{{cite news |title=Mazagon Dock Shipbuilders Limited |url=https://www.hdfcsec.com/hsl.research.pdf/Mazagon_Final.pdf |access-date=18 November 2022 |work=HDFC Securities |archive-date=18 November 2022 |archive-url=https://web.archive.org/web/20221118055257/https://www.hdfcsec.com/hsl.research.pdf/Mazagon_Final.pdf |url-status=live }}{{cite news |title=Mazagon Dock Shipbuilders eyeing orders worth Rs 1.59 trillion from Indian Navy |url=https://www.financialexpress.com/defence/mazagon-dock-shipbuilders-eyeing-orders-worth-rs-1-59-trillion-from-indian-navy/2643150/ |access-date=18 November 2022 |work=Financial Express |language=en |archive-date=18 November 2022 |archive-url=https://web.archive.org/web/20221118055259/https://www.financialexpress.com/defence/mazagon-dock-shipbuilders-eyeing-orders-worth-rs-1-59-trillion-from-indian-navy/2643150/ |url-status=live }}{{cite news |title=Mazagon Dock Shipbuilders hits new high on heavy volumes; up 27% in 2 days |url=https://www.business-standard.com/article/markets/mazagaon-dock-shipbuilding-zooms-27-in-2-days-on-heavy-volumes-122082900269_1.html |access-date=18 November 2022 |work=Business Standard |archive-date=18 November 2022 |archive-url=https://web.archive.org/web/20221118055255/https://www.business-standard.com/article/markets/mazagaon-dock-shipbuilding-zooms-27-in-2-days-on-heavy-volumes-122082900269_1.html |url-status=live }}
History
The company's shipyards were established in the 18th century. Ownership of the yards passed through entities including the Peninsular and Oriental Steam Navigation Company and the British-India Steam Navigation Company. Eventually, 'Mazagon Dock Limited' was registered as a public company in 1934.
The shipyard was nationalised in 1960 and is now a public sector undertaking (PSU) of the Government of India. In 2024, it became India's 18th PSU to receive the Navratna status from the Indian government.{{Cite news |date=16 June 2024|title=Mazagon Dock Shipbuilders becomes the 18th 'Navratna' company of India|url=https://www.cnbctv18.com/market/mazagon-dock-shipbuilders-share-price-psu-navratna-status-rights-investment-2024-returns-19433590.htm |website=CNBC TV18|publisher=TV18 Broadcast Limited |access-date=2024-10-20}}
Vice Admiral Narayan Prasad, AVSM, NM, IN (Retd), is the Chairman & Managing Director (CMD) of Mazagon Dock Shipbuilders Limited. The retired naval officer took over his current position on 30 December 2019.{{Cite web|url=http://www.mazdock.com/Biography-of-Sr-Management.aspx|title=Mazagon|website=www.mazdock.com|archive-url=https://web.archive.org/web/20161016083851/http://www.mazdock.com/Biography-of-Sr-Management.aspx|archive-date=2016-10-16|url-status=dead|access-date=2017-11-27}}
The Appointments Committee of Cabinet (ACC) has appointed Captain Jagmohan (Retd.) as the Chairman and Managing Director of Mazagon Dock Shipbuilders Limited. He will lead the company until his retirement on 30 September 2029. The former Navy captain is currently serving as the Director, Corporate Planning, Projects and Business Development at Goa Shipyard Limited.{{Cite news |last=PTI |date=2025-04-18 |title=Former Navy Captain Jagmohan appointed Mazagon Dock Shipbuilders Chairman and Managing Director |url=https://www.thehindu.com/news/national/former-navy-captain-jagmohan-appointed-mazagon-dock-shipbuilders-chairman-and-managing-director/article69464428.ece |access-date=2025-04-23 |work=The Hindu |language=en-IN |issn=0971-751X}}
As of April 2025, Mazagon Dock Shipbuilders Limited is negotiating to acquire a majority stake of Colombo Dockyard PLC (CDPLC). MDL will reportedly purchase 51% stakes from Japan's Onomichi Dockyard Co. Ltd. after the continuous losses from CDPLC. A Memorandum of Understanding (MoU) is expected by the end of the month.{{Cite web |last=Narasimha |first=A. S. L. |date=2025-04-22 |title=Mazagon in negotiations to acquire controlling stake in CDPLC - Maritime Gateway |url=https://www.maritimegateway.com/mazagon-in-negotiations-to-acquire-controlling-stake-in-cdplc/#:~:text=A%20Memorandum%20of%20Understanding%20(MoU,remains%20with%20the%20Japanese%20firm. |access-date=2025-04-23 |website=Maritime Gateway |language=en-US}}
Activities
The company's activities are shipbuilding, submarine building, and fabrication of offshore structures. It has manufacturing facilities on both the Mumbai peninsula and on the mainland.
The yard can build warships, submarines, and merchant ships up to 30,000 deadweight tons (DWT).{{cite web|url=http://www.mazagondock.gov.in/newsite2010/index.htm|title=Mazagon Dock Shipbuilders Limited – Ship Builder to the Nation.|url-status=dead|archive-url=https://web.archive.org/web/20160419125020/http://www.mazagondock.gov.in/newsite2010/index.htm|archive-date=19 April 2016|df=dmy-all}} It can also fabricate wellhead platforms, process and production platforms, and jack-up rigs for oil exploration.
= Expansion =
As of 2024, the shipyard has the capacity to handle 11 submarines and 10 warships at a time.{{Cite web |last=www.ETInfra.com |title=Mazagon Dock to erect India’s largest floating dry dock at Nhava near Mumbai to expand capacity - ET Infra |url=https://infra.economictimes.indiatimes.com/news/ports-shipping/mazagon-dock-to-erect-indias-largest-floating-dry-dock-at-nhava-near-mumbai-to-expand-capacity/117503494?utm_source=newslisting&utm_medium=latestNews |access-date=2025-01-25 |website=ETInfra.com |language=en}}{{Cite web |last=Gateway |first=Maritime |date=2025-01-25 |title=Mazagon Dock to build largest floating dry dock at Nhava Island - Maritime Gateway |url=https://www.maritimegateway.com/mazagon-dock-to-build-largest-floating-dry-dock-at-nhava-island/ |access-date=2025-01-25 |language=en-US}}
The shipyard has expansion plans worth {{INRConvert|5000|c|lk=on|year=2025}} to focus on security and executing export orders. Of this, a major share of over {{INRConvert|1000|c|lk=|year=2025}} is to be invested at its 40-acre-Nhava facility near Mumbai. This includes development of jetty and a facility for holding the vessel, dredging, and other associated works. MDL has awarded a contract worth {{INRConvert|475|c|lk=|year=2025}} to private-run Shoft Shipyard in Gujarat to erect a floating dry dock in the facility. Six blocks are to be built by Shoft, which will be transported to Nhava for erection. As of now, 4 blocks has been completed. The dock will have dimensions {{Convert|180|m|ft|abbr=on}} by {{Convert|44|m|ft|abbr=on}} by {{Convert|19.5|m|ft|abbr=on}} in length, breadth and height, respectively and will be able to handle eight 12,800 tonne-class ships simultaneously. The dock will be used forthe construction and repair of larger commercial ships as well as for the Next Generation Destroyers.
Besife the existing facility, MDL will also develop a shipbuilding cum ship repair facility on 15 acres of land which is leased from Mumbai Port Authority. There are also plans to erect another graving dry dock of approximately {{Convert|180|m|ft|abbr=on}} by {{Convert|60|m|ft|abbr=on}} dimensions, and other ancillary facilities to double up shipbuilding and ship repairs capacity. Additionally, the new submarine orders could be executed in the existing facilities due to their inherently smaller dimensions.
Naval projects
=Warships=
==''Nilgiri''-class frigate (1972)==
The first warship built by MDL was the 2,900-ton displacement INS Nilgiri, the lead ship of her class. She was launched on 15 October 1966 and commissioned on 23 June 1972. Five more frigates of this class were built over the next nine years for the Indian Navy.{{cite news
|url = http://www.globalsecurity.org/military/world/india/f-nilgiri.htm
|title = F 33 Nilgiri Class
|access-date = 8 December 2006
|publisher = Global Security.org
|archive-date = 15 December 2006
|archive-url = https://web.archive.org/web/20061215050959/http://www.globalsecurity.org/military/world/india/f-nilgiri.htm
|url-status = live
}}
==''Godavari''-class frigate==
While construction of the Nilgiri class was being completed, the Indian Navy proposed requirements for an indigenously designed and built frigate. This new frigate was to be of wholly Indian design and manufacture. To address these requirements, MDL designed and built the {{sclass|Godavari|frigate|0}} guided-missile frigates with a 3,800-tonne displacement and the ability to embark two helicopters. MDL built three ships of the class – the lead ship, {{INS|Godavari|F20|6}}, {{INS|Ganga|F22|6}}, and {{INS|Gomati|F21|6}}.{{cite news
|url = http://www.globalsecurity.org/military/world/india/f-godavari.htm
|title = F 20 Godavari Class Frigate
|access-date = 8 December 2006
|publisher = Global Security.org
|archive-date = 5 October 2013
|archive-url = https://web.archive.org/web/20131005002750/http://www.globalsecurity.org/military/world/india/f-godavari.htm
|url-status = live
}}
==''Khukri''-class corvettes==
MDL designed and built the first two vessels of the {{sclass|Khukri|corvette|1}}s for the Indian Navy. The lead vessel of the class was commissioned on 23 August 1989, and the second, {{INS|Kuthar|P46|6}}, on 7 June 1990. The remainder of the class was built at Garden Reach Shipbuilders and Engineers (GRSE) following a transfer of technology from MDL to diversify warship building capabilities to other yards, as well as to make room at MDL for larger projects.{{cite news
|url = http://www.globalsecurity.org/military/world/india/p-khukri-unit.htm
|title = P 49 Khukri Class
|access-date = 8 December 2006
|publisher = Global Security.org
|archive-date = 30 September 2007
|archive-url = https://web.archive.org/web/20070930102614/http://www.globalsecurity.org/military/world/india/p-khukri-unit.htm
|url-status = live
}}
==''Delhi''-class destroyers==
The next class of vessels designed and built by MDL was Project 15 {{sclass|Delhi|destroyer|0}} guided-missile destroyers. These were powered by gas turbines and displaced 6,200 tonnes. The first of the class, {{INS|Delhi|D61|6}}, was launched in February 1991 and commissioned on 15 November 1997. The second, {{INS|Mysore|D60|6}}, was commissioned on 2 June 1999, followed by the last ship in the series, {{INS|Mumbai|D62|6}}, on 22 January 2001.{{cite news
|url = http://www.globalsecurity.org/military/world/india/d-delhi.htm
|title = D Delhi Class Destroyer
|access-date = 8 December 2006
|publisher = Global Security.org
|archive-date = 30 December 2013
|archive-url = https://web.archive.org/web/20131230235406/http://www.globalsecurity.org/military/world/india/d-delhi.htm
|url-status = live
}}
==''Shivalik''-class frigates==
File:INS Shivalik F-47 during joint operations with U.S. Navy (200720-N-KO930-1027).jpg
The 6000-ton {{sclass|Shivalik|frigate|0}} (Project 17) frigates are the first warships with stealth features to be designed and built in India. These multi-role, guided-missile frigates have reduced radar signatures and have entered service from 2010 onwards. At least three of this class have been constructed at MDL. The lead vessel of the class was commissioned on 29 April 2010. The last ship of the class, INS Sahyadri, was launched on 27 May 2005 and commissioned on 21 July 2012.
==''Kolkata''-class destroyers==
{{sclass|Kolkata|destroyer|0}} vessels are the next-generation of guided-missile destroyers in the 7,400-tonne range to be designed and built at MDL. They incorporate stealth features. The lead vessel of the class was launched on 30 March 2006. At least three vessels of the class were planned. All three are in active service.
==''Visakhapatnam''-class destroyers==
File:INS Visakhapatnam (D66) during commissioning ceremony.jpg
{{sclass|Visakhapatnam|destroyer|0}} vessels are the next-generation of guided-missile destroyers in the 7,500-tonne range to be designed and built at MDL. They incorporate stealth features and improved weapons and avionics compared to the Kolkata class. The lead vessel of the class was launched in 2018. At least four vessels of the class are planned.
==''Nilgiri''-class frigates==
File:INS Nilgiri, INS Surat and INS Vagsheer in one frame.jpg
{{sclass|Nilgiri|frigate|4||2019}} vessels are the next-generation of guided-missile frigates in the 6,500-tonne range to be designed and built at MDL and GRSE. They incorporate stealth features. The lead vessel of the class was launched on 28 September 2019. Seven vessels of the class were built by MDL and GRSE. INS Mahendragiri, the seventh and final ship of the class was launched in Mumbai on 1 September 2023.{{Cite web |title='Testimony To India's Growing Maritime Prowess': Stealth Frigate Warship Mahendragiri Launched In Mumbai |url=https://www.india.com/news/india/indian-navy-stealth-frigate-warship-mahendragiri-launched-mumbai-vice-president-jagdeep-dhankar-sudesh-dhankar-india-maritime-power-6280983/ |access-date=2023-09-01 |website=www.india.com |language=en |archive-date=1 September 2023 |archive-url=https://web.archive.org/web/20230901154118/https://www.india.com/news/india/indian-navy-stealth-frigate-warship-mahendragiri-launched-mumbai-vice-president-jagdeep-dhankar-sudesh-dhankar-india-maritime-power-6280983/ |url-status=live }}
==Coast Guard vessels==
The yard builds offshore patrol vessels (OPVs) for the Indian Coast Guard. These vessels are specialised ships built for patrolling, policing, and search and rescue operations in India's exclusive economic zone. Each carries a helicopter on board. Seven such ships have been delivered.
==Floating police stations==
Based on the order from the Border Security Force (BSF), the yard started construction of floating border outposts (BOPs). Essentially these BOPs are floating police stations with four high-speed boats. The yard has delivered 9 out of an order of 14 BOPs.
==Other vessels==
Among other ships, the yard has built three fast missile boats, a cadet training ship, and other utility ships for the Indian Navy. It has also built {{sclass|Kangan|ship|4}} water tankers for the Iranian naval forces.{{citation|editor1-last= Saunders|editor1-first=Stephen|editor2-last=Philpott|editor2-first=Tom|chapter=Iran|title=IHS Jane's Fighting Ships 2015–2016|publisher =IHS Jane's|location=Coulsdon|date=2015|edition=116th Revised|series=Jane's Fighting Ships|page=394|isbn=9780710631435|oclc=919022075}}
=Submarines=
==''Shishumar''-class submarine==
The {{sclass|Shishumar|submarine|1}}s are a variant of the Type 209 diesel-electric submarine designed by Howaldtswerke-Deutsche Werft. Two vessels of this class were constructed at MDL, which are the first indigenously built submarines in India. {{INS|Shalki|S46|6}} was commissioned on 7 February 1992 and {{INS|Shankul|S47|6}} was commissioned on 28 May 1994.
==Kalvari-class submarine==
MDL has built six diesel-electric submarines of the {{sclass2|Kalvari|submarine|4||2015}} under a technology-transfer agreement with Naval Group. {{INS|Kalvari|S21|6}}, the first in this class, was commissioned on 14 December 2017 from Naval Dockyard in Mumbai.{{Cite news|url=https://economictimes.indiatimes.com/news/defence/pm-narendra-modi-dedicates-scorpene-class-submarine-ins-kalvari-to-the-nation/articleshow/62062660.cms|title=PM Narendra Modi dedicates scorpene-class submarine INS Kalvari to the nation|date=2017-12-14|work=The Economic Times|access-date=2017-12-14|archive-date=14 December 2017|archive-url=https://web.archive.org/web/20171214124729/https://economictimes.indiatimes.com/news/defence/pm-narendra-modi-dedicates-scorpene-class-submarine-ins-kalvari-to-the-nation/articleshow/62062660.cms|url-status=live}}
= US Navy =
In September 2023, MDL became the second Indian shipyard after the Kattupalli Shipyard of Larsen & Toubro to sign a Master Ship Repair Agreement (MSRA) with the US Government, represented by NAVSUP Fleet Logistics Center (FLC) Yokosuka, for United States Navy's Military Sealift Command Fleet Support Ships.{{Cite news |last=Peri |first=Dinakar |date=2024-04-08 |title=Cochin Shipyard signs ship repair agreement with U.S. Navy |url=https://www.thehindu.com/news/national/cochin-shipyard-signs-ship-repair-agreement-with-us-navy/article68044085.ece |access-date=2024-09-27 |work=The Hindu |language=en-IN |issn=0971-751X}}{{Cite web |date=2023-09-08 |title=Mazagon Dock shares in news on signing MSRA with US government. Key details |url=https://www.businesstoday.in/markets/company-stock/story/mazagon-dock-shares-in-news-on-signing-msra-with-us-government-key-details-397395-2023-09-08 |access-date=2024-09-27 |website=Business Today |language=en}} The ships operated by MSC are non-commissioned US Navy “support vessels” with civilian crews bearing the prefix “USNS”. Under the agreement, the US Naval ships of the Central Command that are in voyage are to be repaired in India.{{Cite news |date=2023-07-10 |title=Chennai’s L&T shipyard to repair US Navy ships for five years |url=https://timesofindia.indiatimes.com/city/chennai/chennais-lt-shipyard-to-repair-us-navy-ships-for-five-years/articleshow/101641264.cms |access-date=2024-09-27 |work=The Times of India |issn=0971-8257}}{{Cite web |title=ASSESSING INDIA-US "MASTER SHIP REPAIR AGREEMENTS" (MSRAs) |url=https://maritimeindia.org/assessing-india-us-master-ship-repair-agreements-msras/ |access-date=2024-09-27 |website=maritimeindia.org}}{{Cite web |date=2023-09-07 |title=Mazagon Dock Shipbuilders inks pact with US Navy to service its fleet - CNBC TV18 |url=https://www.cnbctv18.com/business/companies/mazagon-dock-shipbuilders-inks-pact-with-us-navy-to-service-its-fleet-17744401.htm |access-date=2024-09-27 |website=CNBCTV18 |language=en}}
Commercial projects
=Offshore platforms=
MDL builds offshore oil drilling platforms. It operates facilities at Alcock, Mumbai, and Nhava Yard for the construction of platforms with wellhead, water injection and production separator and glycol process capabilities, as well as jackup rigs, SBMs and other offshore structures.{{Cite web |url=http://www.mazagondock.gov.in/heavy_engg/introduction.htm |title=Mazagon Dock Limited :: Heavy Engineering - Introdcution |publisher=Mazagon Dock Limited |archive-url=https://web.archive.org/web/20081104164034/http://www.mazagondock.gov.in/heavy_engg/introduction.htm |archive-date=4 November 2008}}
Repair and maintenance jobs on offshore rigs are undertaken at Alcock; jackets up to {{Convert|80|m||}} length and 2,200-tonne weight can be constructed. At Nhava, jackets up to {{Convert|80|m||}} length and 2,300-tonne weight, main decks up to 550-tonne weight, and helipads of 160-tonne weight can be constructed.
The yard builds specialist vessels able to clean oil spills and fight fires on offshore drilling platforms.
A welding training school develops and maintains welding techniques and procedures.
See also
References
{{Commons category|Mazagon Dock Shipbuilders}}
{{reflist}}
{{coord|18.96713|72.84993|scale:5000_region:IN-MH|display=title}}
External links
- [https://mazagondock.in/ Website]
{{Public Sector Undertakings in India}}
{{authority control}}
Category:Shipbuilding companies of India
Category:Government-owned companies of India
Category:Manufacturing companies based in Mumbai
Category:Vehicle manufacturing companies established in 1934
Category:Companies nationalised by the Government of India
Category:Indian companies established in 1934
Category:Companies listed on the National Stock Exchange of India