India, Aug. 4 -- The state-run Mazagon Dock Shipbuilders Limited, which builds ships for the Indian Navy and Coast Guard, has been permitted to construct a floating dry dock with launching facility at Nhava off the Mumbai coast. The proposal was cleared by the Maharashtra Coastal Zone Management Authority (MCZMA) at its meeting held in July.

Established in 1960, Mazgaon Dock provides direct and permanent employment to over 6,000 skilled workers and supports thousands more indirectly through its supply chain. It is currently constructing warships of the P17, P15A and P15B classes, along with six Scorpion-class submarines. The company has construction orders for approximately 31 defense vessels for the Navy and Coast Guard and plans to for...