Article: India: Apeejay, Bharati tie up to build ship ancillary units.

Byline: shiv03

The privately held Apeejay Shipping Ltd, run by Kolkata-based Apeejay Surendra Group, plans to set up ancillary parks close the shipbuilding yards it proposes to build in West Bengal and Orissa to ensure prompt supply of cheaper ship parts.

Flowing in: The ABG shipyard in Surat, Gujarat. With capacities in traditional shipbuilding countries such as Japan, South Korea and Norway booked for the next few years, global fleet owners are now looking at China, India and Vietnam to build ships. (Photograph by Ashesh Shah / MINT)Apeejay in partnership with Mumbai-based Bharati Shipyard Ltd intends to spend nearly USD1 billion ...

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