May 7, 2026

Mazagon Docks

‘3 PSUs among top 100 global arms makers but account for 1.1% of sales’ | India News – The Times of India

‘3 PSUs among top 100 global arms makers but account for 1.1% of sales’ | India News – The Times of India

admin02 mins

NEW DELHI: Indian defence PSUs Hindustan Aeronautics (HAL), Bharat Electronics (BEL) and Mazagon Docks (MDL) continue to figure in the global top 100 arms-producing companies, but together accounted for just a paltry 1.1% of the global arms sales last year.Global arms revenues rose sharply by 5.9% to reach a record $679 billion in 2024, with…

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India likely to scrap French Scorpene project, may go for German-origin subs | India News – The Times of India

India likely to scrap French Scorpene project, may go for German-origin subs | India News – The Times of India

admin04 mins

NEW DELHI: India may scrap the proposed project to build another three French-origin Scorpene submarines at Mazagon Docks (MDL), while it goes full steam ahead with the plan to construct six new German-origin diesel-electric stealth submarines at the same facility for over Rs 70,000 crore.The plan for the three additional Scorpene submarines, which would have…

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