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Jindal Steel, Russian team inspect Anil Ambani’s Gujarat shipyard that’s up for sale
Russia is eyeing the shipyard to buttress its pitch for building six new conventional submarines under Project 75 India, while Jindals see it as a captive client of its own.
Snehesh Alex Philip 4 March, 2021 2:22 pm IST
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New Delhi: Industrialist Navin Jindal’s Jindal Steel and Power Limited and Russian government-owned United Shipbuilding Corporation have carried out an inspection of the Anil Ambani Group’s Reliance Naval and Engineering Limited’s (R-Naval) Gujarat-based Pipavav Shipyard for a potential buy-out, ThePrint has learnt.
According to sources, the Jindals completed inspection of the naval shipyard during the last week of February, while a five-member team of the Russian government concluded its inspection on 2 March. ....

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