Mazagon Dock Shipbuilders has issued a clarification on media reports stating that it has decided not to proceed with the Thoothukudi shipyard project. On October 2, 2026, the company filed a confirmation with the exchanges.
The company said it is currently focusing on two Greenfield Shipbuilding Industrial Clusters where it has been selected as Anchor Shipyard.
Key Highlights Of The Announcement
What Was The News
Recent article on Hindubusinessline.com said Mazagon Dock Shipbuilders decides to not proceed with the Thoothukudi shipyard project. The company was asked to clarify the same.
What Company Clarified
Mazagon Dock Shipbuilders said it has been selected as the Anchor Shipyard for the proposed Greenfield Shipbuilding Industrial Clusters at Dighi, Maharashtra and Dugarajapatnam, Andhra Pradesh, under the Maritime Amrit Kaal Vision 2047, and is presently focusing on the development of these two clusters.
What About Thoothukudi
The company said it had earlier explored development of a greenfield shipyard at Thoothukudi, Tamil Nadu. However, the same was not pursued further after the Joint Venture company formed by the Tamil Nadu State Government entity and V.O. Chidambaranar Port Authority decided to select another shipyard as the Anchor Shipyard for the proposed Thoothukudi cluster.
Clarification Details
| Point | Details |
|---|---|
| Company | Mazagon Dock Shipbuilders Limited |
| Date Of Clarification | October 02, 2026 |
| News Referred | Article on www.Hindubusinessline.com titled Mazagon Dock Shipbuilders decides to not proceed with the Thoothukudi shipyard project |
| Current Focus | Anchor Shipyard for Greenfield Shipbuilding Industrial Clusters at Dighi, Maharashtra and Dugarajapatnam, Andhra Pradesh under Maritime Amrit Kaal Vision 2047 |
| Status Of Thoothukudi Project | Earlier explored, not pursued further after JV of Tamil Nadu State Government entity and V.O. Chidambaranar Port Authority selected another shipyard as Anchor for Thoothukudi cluster |
| Filing By | Company Secretary and Compliance Officer Lalatendu Acharya |
About The Two Active Clusters
Mazagon Dock Shipbuilders has been selected as Anchor Shipyard for two proposed Greenfield Shipbuilding Industrial Clusters — one at Dighi in Maharashtra and one at Dugarajapatnam in Andhra Pradesh.
Both clusters are being developed under the Maritime Amrit Kaal Vision 2047, which is the national maritime development framework. As Anchor Shipyard, Mazagon Dock Shipbuilders plays a central role in the development of these clusters.
The company is presently focusing on development of these two clusters, as stated in the October 2, 2026 filing.
Conclusion
On October 2, 2026, Mazagon Dock Shipbuilders clarified that it is focusing on development of greenfield shipbuilding clusters at Dighi, Maharashtra and Dugarajapatnam, Andhra Pradesh as Anchor Shipyard under Maritime Amrit Kaal Vision 2047. The Thoothukudi greenfield shipyard idea was explored earlier but not pursued after the Tamil Nadu JV selected another shipyard as anchor for that cluster.