In September 2011, Larsen & Toubro’s shipbuilding division launched a 9,000 tonner built in its Hazira shipyard, Gujarat, into the river adjoining the yard. The amazing part about the launch was that it was sideways instead of stern first, which is the usual way. Among the sounding of klaxons and sirens, the bulk carrier slid gracefully into the water horizontally, then moved downriver into the sea.
Merger of Mazgaon Dock Limited and Bharat Earth movers Limited or even BHEL will bring economy of scal and technology to consolidated conglomerate, I think government should persue this.
on Feb 25, 2012