Question
How much investment did CSL commit, via a separate MoU
with Guidance Tamil Nadu, to establish a new shipyard in Tamil Nadu?Solution
The MoU with Guidance Tamil Nadu envisages a ₹15,000 crore investment to set up a state-of-the-art shipyard in Tamil Nadu. Capital of this magnitude typically covers construction of large berths and dry docks, heavy engineering workshops, fabrication yards, utility infrastructure, and technology transfer. It also supports backward and forward linkages — from steel and outfitting suppliers to logistics and export services — positioning the region to capture substantial employment and export potential in shipbuilding.
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