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Mazagon Dock Reveals ₹6,500–7,000 Crore Capex Plan; Rules Out Fundraising | Mazagon Dock News

Mazagon Dock Reveals ₹6,500–7,000 Crore Capex Plan; Rules Out Fundraising | Mazagon Dock News

Shailendra Bhatnagar
Shailendra Bhatnagar
  • New Delhi,
  • Jun 2, 2025,
  • Updated Jun 2, 2025, 2:13 PM IST

Ruchir Agrawal, Director (Finance), Mazagon Dock discusses the company's CAPEX plans for the next 2-3 years, estimating an investment of 6500 to 7000 crores. He mentions capacity expansion projects, including the extension of Nava Yard and development of South Yard land, aiming to increase capacity to 2 lakh TWT. Agrawal indicates that the company is comfortable with its current cash position and does not foresee the need for additional fundraising to meet these expansion plans.

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