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Indian Defense Production
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03-06-2012, 03:03 AM
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Coededgeme
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Nov 2005
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Pipavav Defence and Offshore Engineering Company Ltd has informed BSE that pursuant to the Joint Venture guidelines issued by the Ministry of Defence, Government of India, for establishing joint venture companies by Defence Public Sector Undertakings (DPSUs), Mazagon Dock Ltd, the premier defence shipyard of the Ministry of Defence, Government of India, has conveyed vide its letter dated May 2, 2012 that Pipavav Defence and Offshore Engineering Company Ltd has been chosen as its partner for formation of Joint Venture to build warships for Indian Navy.
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