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Official: West Asia Conflict Won't Immediately Affect Cochin Shipyard
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West Asia Conflict Won't Immediately Harm Cochin Shipyard: Official
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News18
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13-03-2026, 21:15
West Asia Conflict Won't Immediately Harm Cochin Shipyard: Official
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Cochin Shipyard Limited (CSL) sees no immediate negative impact from the West Asia conflict.
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However, prolonged conflict (over a year) could affect the company, an official stated.
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CSL's resilience stems from advance orders and less dependence on foreign raw materials.
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The company's order book is 65% from domestic defence, 20% exports, 8% commercial, and 7% ship repairs.
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CSL secured a Rs 5,000 crore Ministry of Defence order for five next-generation survey vessels for the Indian Navy.
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