Business Daily from THE HINDU group of publications Sunday, Jan 28, 2007 ePaper |
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Corporate
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Diversification
Our Bureau
A 180-tonne keel block, claimed to be the heaviest ever by an Indian shipyard, was ceremonially placed on the erection bay at the Hazira yard. Mr Meindert Van Genderen, Director of Rolldock, did the customary keel block lowering, in the presence of Mr A.M. Naik, L&T's Chairman and Managing Director. Mr Naik said that shipbuilding represented a major thrust area for L&T, with the Hazira shipyard marking the beginning of the strategic initiative. Detailed expansion plans for the Hazira Shipyard involve expanding capacity to construct eight vessels up to 20,000 dwt per annum. The company also plans to set up large shipyards of international standards in India.
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