| Ship Building and Fabrication | Building and repair of naval, commercial vessels and offshore structures, modular ship construction. | Largest dry dock and modular shipyard in India, government defense licenses, strategic location, and technical expertise. | Primarily B2G (Indian Navy, Coast Guard, ONGC) and B2B in commercial shipping sector. | Modular shipbuilding and defense vessel contracts have higher margins due to specialization. | 180 | 100 | Revenue from shipbuilding contracts, vessel repair services, and offshore engineering projects. | Project-based contracts with milestone payments and service agreements. | Defense indigenization, government subsidies, modernization policies, and strategic collaborations. | Naval Offshore Patrol Vessels, Panamax Bulk Carriers, Offshore Supply Vessels |
