Independent journal on economy and transport policy
13:35 GMT+1
Ship repairs to be HSL's mainstay
(Exim India)
November 4, 1999
Exim News Service
Visakhapatnam, Nov. 3
The Hindustan Shipyard Limited (HSL) may concentrate on ship repairs to increase its revenue, with the government still non-committal on subsidy for shipbuilding.
In the absence of a subsidy, HSL is unable to compete in global biddings for shipbuilding orders.
Since shipbuilding is not profitable without subsidy and ...... Read more on Exim India
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