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Transfer of HSL to Ministry of Defence

The Government has approved transfer of Hindustan Shipyard Limited (HSL), Visakhapatnam from Ministry of Defence (MoS) to Ministry of Defence (MoD) for meeting the national security requirements of building strategic vessels for Indian Navy.  For meeting the merchant shipping requirements of shipbuilding and ship repair, Government  has given ‘ in principle’ approval to Ministry of Shipping for setting up of a new shipyard of international standard.

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