Reliance defence & Engineering Ltd called rnaval established in 1997 by Nikhil prataprai Gandhi, Bhavesh prataprai Gandhi, is India's first private firm to get shipbuilding licence.
Gujarat shipyards wait to hum again with business - The Hindu BusinessLine thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.
As U S looks to make India hub for ship repairs, India eyes major opportunity thehindu.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindu.com Daily Mail and Mail on Sunday newspapers.
Several firms – most of which had strong fundamentals but faced liquidity crises – changed hands at large discounts. Political power has played a role.