<p>Mumbai: The history of Mazagon Dock dates back to 1774, when a small dry dock was constructed in Mazagon.</p><p>Today, the Mazagon Dock Shipbuilders Ltd (MDL) has emerged as one of the finest shipyards of the world. </p><p>On Tuesday, the MDL celebrates the completion of 250 years, commemorating an extraordinary journey, spanning over two and a half centuries. </p>.Mazagon Dock Shipbuilders shares climb nearly 4% after earnings.<p>From a humble beginning as a small dry dock in 1774, to its incorporation in 1934, and subsequently, its stewardship under the Government of India since 1960, completion of 250 years of MDL is a milestone that marks a testament of resilience, growth and enduring legacy.</p><p>The MDL organized a series of events including inauguration of adjacent land acquired from Mumbai Port Authority, launch of prototype of indigenous midget submarine ‘Arowana’, commissioning of Solar Electric Hybrid boat, release of a commemorative coin marking the 250 years and conducting a day-long technical seminar.</p><p>Defence Secretary Giridhar Aramane was the chief guest on the occasion.</p><p>“This facility would be developed for simultaneous construction and outfitting of new builds, repairs / refits of various types of vessels. The new infrastructure will give adequate bandwidth to MDL for simultaneous execution of various projects,” an MDL press statement said. </p><p>MDL has successfully completed the platform design and hull of the midget submarine named ‘Arowana’ which was launched by the Defence Secretary. </p><p>MDL has been building submarines since 1984 with foreign design. MDL has also commenced the design and development of an indigenous conventional submarine. Midget Submarine is being developed as a proof of concept. The team is parallelly working on development of design of full scale conventional submarines by 2028.</p><p>The Defence secretary also commissioned the Solar Electric Hybrid boat with top speed of 11 Knots designed and co-developed with indigenous technology partners. The running cost is almost 1/10 th of a diesel boat and also has a very low maintenance cost.</p><p>Aramane also inaugurated the Technical Seminar on “Emerging Technologies and Future of Shipbuilding”. </p>
<p>Mumbai: The history of Mazagon Dock dates back to 1774, when a small dry dock was constructed in Mazagon.</p><p>Today, the Mazagon Dock Shipbuilders Ltd (MDL) has emerged as one of the finest shipyards of the world. </p><p>On Tuesday, the MDL celebrates the completion of 250 years, commemorating an extraordinary journey, spanning over two and a half centuries. </p>.Mazagon Dock Shipbuilders shares climb nearly 4% after earnings.<p>From a humble beginning as a small dry dock in 1774, to its incorporation in 1934, and subsequently, its stewardship under the Government of India since 1960, completion of 250 years of MDL is a milestone that marks a testament of resilience, growth and enduring legacy.</p><p>The MDL organized a series of events including inauguration of adjacent land acquired from Mumbai Port Authority, launch of prototype of indigenous midget submarine ‘Arowana’, commissioning of Solar Electric Hybrid boat, release of a commemorative coin marking the 250 years and conducting a day-long technical seminar.</p><p>Defence Secretary Giridhar Aramane was the chief guest on the occasion.</p><p>“This facility would be developed for simultaneous construction and outfitting of new builds, repairs / refits of various types of vessels. The new infrastructure will give adequate bandwidth to MDL for simultaneous execution of various projects,” an MDL press statement said. </p><p>MDL has successfully completed the platform design and hull of the midget submarine named ‘Arowana’ which was launched by the Defence Secretary. </p><p>MDL has been building submarines since 1984 with foreign design. MDL has also commenced the design and development of an indigenous conventional submarine. Midget Submarine is being developed as a proof of concept. The team is parallelly working on development of design of full scale conventional submarines by 2028.</p><p>The Defence secretary also commissioned the Solar Electric Hybrid boat with top speed of 11 Knots designed and co-developed with indigenous technology partners. The running cost is almost 1/10 th of a diesel boat and also has a very low maintenance cost.</p><p>Aramane also inaugurated the Technical Seminar on “Emerging Technologies and Future of Shipbuilding”. </p>