The boom in global demand since 2003 has been particularly beneficialfor public-sector yank. Even during the lean years, private shipyards such as ABG and Bharati remained competitive and public-sector Cochin Shipyard kept busy with shipbuilding and ship repair activities.rnIncontrast, the once highly rated Hindustan Shipyard at Visakhapatnam,in Andhra Pradesh, languished without adequate orders. In the past three years, the yard has made significant strides, with revenue rising from Rs1,270M($32.5M)toRs4Bn($102.5M),accordingtothe yard's chairman and managing director, Rear Admiral AjitTewari.
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