#ship-acquisition
TCI plans to buy ships to expand high-margin coastal seaway business
The Gurugram-based logistics and supply chain management company has planned a capex of ₹550-600 crore in FY27. Of this, ₹200-250 crore will go towards making final payments for acquiring two new ships from China.
Navy to acquire 45 ships in 3-4 years, gets nod for 195 more vessels: Vice Admiral Vatsyan
Looking to fullfill its long term strategic requirements, Indian Navy is expected to acquire 45 ships in next 3 to 4 years as it pushes to reach the much-need fleet strength of at least 200 ships by 2035.