NEW DELHI — India has put on hold formation of all joint ventures in defense shipyards until suitable guidelines are formulated by the government. The decision was made after a joint venture between state-run shipbuilder Mazagon Dock Ltd. (MDL) and Pipavav Defense and Offshore Engineering Co. was objected to by other commercial shipyards (Aerospace DAILY, Sept. 27). “Formation of joint ventures has been put on hold by the ministry until formulation of suitable guidelines regarding ...
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