Pipavav Shipyard to Manufacture Gun Boats for Indian Navy

May 30, 2011

ET reported that Pipavav Shipyard has won a INR 2500 crore order from the Indian navy to manufacture gun boats. The order was cleared by the cabinet committee of security.

Mr Nikhil Gandhi CMD of Pipavav Shipyard said that “I haven’t received any formal communication yet, but yes we have won the order as we were the lowest bidder.”