Swan Defence and Heavy Industries Ltd set to win Rs 1,897 crore tanker order

Swan Defence and Heavy Industries Ltd is set to secure a major contract with state-owned companies for the construction of four dual-fuel ready Medium Range product tankers. By offering a more competitive price than Cochin Shipyard Ltd, SDHI has positioned itself favorably. This upcoming order not only bolsters the company’s portfolio since it resumed operations but also heralds a new era for India's shipbuilding sector, propelled by government support.