Cochin Shipyard aims to double its turnover to Rs 7k cr by 2028: Sonowal

According to the Ministry of Ports, Shipping and Waterways, Union Minister Sonowal reviewed the 310-meter-long drydock, built to international standards, as well as the International Ship Repair Facility (ISRF), India’s first fully developed pure ship repair ecosystem, along with the IOCL’s LPG import terminal today.

Sonowal stated that Cochin Shipyard Limited is poised to double its turnover within the next four years to Rs 7,000 crore.

“These initiatives will not just support Prime Minister Modi’s vision for an Atmanirbhar Bharat but also serve as effective catalysts for progress, advancement, and job creation for the people of the nation. This truly embodies the essence of ‘Sab KaSaath, Sab KaVikas.’ As expressions of national pride, these projects stand as proof of India’s prowess in engineering and project management,” he said.Expressing his satisfaction at the progress of the projects at the press conference ahead of the Prime Minister’s Inauguration of Rs 4,000 crore worth of projects, Sonowal said, “CSL is playing a crucial role in India’s attempt to become a global player of repute in the maritime sector.”