India's rising defence spending and focus on modernising its armed forces have created significant opportunities for domestic warship manufacturers.
With the government pushing for self-reliance in defence production, a growing share of naval procurement is being directed towards Indian shipyards. Investments in advanced warships, submarines, frigates and aircraft carriers are expected to support the industry's long-term growth.
Since 1774, Mazagon Dock Shipbuilders has played a vital role in building India’s maritime strength. It is India’s only shipyard to have built destroyers, conventional submarines for the Indian Navy & manufactured corvettes in India.
MDL is the lead shipyard for building 4 Nilgiri-class stealth frigates. The company has also delivered the Kalvari Class submarines, with 6 submarines delivered between 2017 and 2025.
Overall, MDL has delivered 809 vessels since 1960, which also includes 34 warships, from advanced Destroyers to missile boats, and 8 submarines.