[lbo-talk] Indian shipbuilders look to bulk up as orders rise

uvj at vsnl.com uvj at vsnl.com
Fri Aug 10 06:18:37 PDT 2007


Reuters India

Indian shipbuilders look to bulk up as orders rise http://in.reuters.com/article/businessNews/idINIndia-28842220070806?sp=true

Mon Aug 6, 2007

By Arpan Mukherjee

MUMBAI (Reuters) - Huge export and domestic orders are forcing private Indian shipbuilders to shop for yards and assets at home and abroad, industry officials and analysts said.

With a rise in vessel demand, both for trade and offshore oilfield services, shipbuilders are getting huge orders from across the world. http://in.reuters.com/article/businessNews/idINIndia-28842220070806?sp=true



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