SDHI, GMB ink MoU for ₹4,250 crore investment in key projects at Pipavav Port shipyard September 22, 2025

Mumbai: Swan Defence and Heavy Industries Limited (SDHI) has signed a Memorandum of Understanding (MoU) with the Gujarat Maritime Board (GMB) for a strategic investment of ₹4,250 crore. The partnership is set to modernize shipyard infrastructure, strengthen domestic supply chains, and build a sustainable talent pipeline for India’s maritime industry.

The ₹4,250 crore investment will be deployed across three key projects at the shipyard in Pipavav Port, Gujarat, which is home to India’s largest dry dock, with capacity to build vessels up to 400,000 DWT, the company said.

The partnership will infuse ₹3,500 crore for capacity expansion at the shipyard, including slipways, jetties, add

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