Stocktrendz brings for stock market investors an overall analysis of equity markets, ipo market. Visit Stocktrendz for the latest pick for bse sensex and nse Nifty. Also for Investors we provide researched bse tips & stock picks for long term stock investment.
Nov 26, 2006
LARSEN & TUBRO UPDATES
Larsen & Toubro Ltd, which recently forayed into the shipbuilding sector, will be setting up a Rs 2,000-crore shipyard in India with the capacity to build high-value ships. The company is looking for a suitable piece of land, measuring 800 acres to 1,200 acres, to set up the shipyard. The company, which has narrowed down the search to the three States - Tamil Nadu, Andhra Pradesh and Gujarat - expects to finalise the location by end of January 2006. There is a huge demand for shipbuilding in India, which has not yet developed the capacity to build big-sized carriers to the desired level. The country needs at least three to four more efficient shipyards
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment