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Pipavav Shipyard gets FDI clearance to build warships

Pipavav Shipyard gets FDI clearance to build warships
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First Published: Thu, Mar 24 2011. 12 14 PM IST
Updated: Thu, Mar 24 2011. 12 14 PM IST
Mumbai: Pipavav Shipyard Ltd said on Thursday it has received clearance from the Foreign Investment Promotion Board for warship building in the defence sector.
The clearance will help Pipavav bid for warship projects of the Indian Navy, the company said in a statement.
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First Published: Thu, Mar 24 2011. 12 14 PM IST