Keralam Govt to lease land to CSL for Rs 5,000 cr ship block building project, says CM Satheesan

The Kerala government has made a significant move by leasing 18.16 acres of land to Cochin Shipyard. This new land allocation will facilitate a ship block building project with an impressive investment of Rs 5,000 crore. The initiative is anticipated to generate around 2,000 direct jobs, enhancing the state's shipbuilding capabilities while also paving the way for increased investment in the sector.