Pipavav Shipyard gets FDI clearance to build warships

Pipavav Shipyard gets FDI clearance to build warships

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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