India eyes ‘strategic foothold’ in Indo-Pacific with stake in Colombo Dockyard
By Biman Mukherji India has signalled its growing maritime and shipbuilding ambitions in the Indo-Pacific with the country’s biggest warship builder, state-run Mazagon Dock, set to acquire a controlling stake in Sri Lanka’s Colombo Dockyard. Mazagon Dock Shipbuilders said last week it would buy a 51 per cent stake in Colombo Dockyard for US$52.96 million. […]
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