Hindustan Shipyard gets Defence Industry Orders

摘要

Hindustan Shipyard Ltd now under the administrative control of the Ministry of Defence, will be provided additional funds for modernisation, and is also likely to receive a financial restructuring package, according to Defence Production sources. It will also get more work orders on nomination basis. The Ministry of Defence had great plans for HSL. According to the official, "We are aware in the Ministry of the great history of this shipyard and the great difficulties it is passing through at present, in spite of having a highly skilled workforce and a great potential. We have plans to release additional funds for modernisation of the shipyard.