In India, the first shipyard company was established in Visakhapatnam in 1941, by Scindia Steam Navigation Company, where first ship named Usha was built. In 1962, nationalisation was done of this company and it was known as Hindustan Shipyard Ltd. Visakhapatnam.
Its major units are as follows:
1. Garden Reach Workshop: It is situated at the bank of Hooghly river, here 15,000 – 25,000 ton capacity ships are built.
2. Goa Shipyard: Here ships are made and repaired.
3. Mazagon Mumbai: Here fidget type of ships are built for Indian navy.
4. Cochin Shipyard Ltd.: This shipyard was built with Japanese collaboration in 1965 with an investment of 165 crore. It is the biggest shipyard of the country. Here manufacturing, repairing and training are done.
