Siddhi Vinayak Shipping Corporation secures order from L&T Heavy Engineering

Capital Market 

For fabrication of Hull Structures of K 9 Vazra T Guns

Siddhi Vinayak Shipping Corporation has bagged an order for Fabrication of Hull Structure of K 9 Vazra T Guns from Heavy Engineering. The company foresees that it will be involved in building such structures over the next 4 years with the support of Heavy Engineering. It will be sending a team of people to South Korea for the purpose of technical understanding for the Project.

The company will enter into defence sector which may have a positive impact on profitability in coming years.

Powered by Capital Market - Live News

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Thu, October 05 2017. 12:14 IST