Cochin Shipyard Signs Rig MoU

26 Nov 2024 CW Team

Cochin Shipyard Ltd (CSL) announced on Friday its signing of a memorandum of understanding (MoU) with Seatrium Letourneau USA, Inc. (SLET). This partnership is geared towards designing and providing critical equipment for jack-up rigs tailored to the Indian market, aligning with the government's Make in India initiative.

By leveraging CSL's proven expertise in ship construction and SLET's advanced technical and design capabilities, the collaboration seeks to address the growing demand for mobile offshore drilling units within India. These rigs are expected to be integral to India's expanding energy exploration efforts, focusing on domestic production and reduced reliance on imports.

The initiative is a step forward in enhancing India's maritime infrastructure, supporting technological innovation, and strengthening local manufacturing capabilities. This partnership reflects a commitment to advancing the Indian offshore drilling sector and supporting the nation's drive towards self-reliance in critical industrial domains.

This development not only underscores CSL's role in India's industrial growth but also positions SLET as a key contributor to India's energy and infrastructure sectors.

Infrastructure Urban

09 Jan 2026

Mount Invests Rs 250 Cr, Adds PUF & PEB Plants, 400+ Jobs

TUMKUR, Karnataka, January 8, 2025 - Mount Roofing & Structures Private Limited, one of India's fastest-growing manufacturers in PUF and a leading solutions provider across Pre-Engineered Building (PEB) and Polycarbonate sheets, simultaneously inaugurated its second fully automated continuous Sandwich Panel manufacturing line and a new PEB manufacturing plant at its integrated campus in Tumkur." The milestone expansion, part of a total investment of INR 250 crores, marks a significant advancement in the company's commitment to engineered performance, manu..

Titan Intech Strengthens UltraLED Push With Global LED Veteran

Titan Intech has announced the induction of global LED industry veteran Su Piow Ko to its Board of Directors, marking a strategic step in strengthening its UltraLED Displays roadmap and building globally competitive LED display solutions from India.The appointment aligns with Titan Intech’s ambition to position India as a hub for advanced, high-quality LED display manufacturing. With an increased focus on UltraLED Displays, the company aims to enhance technical governance, raise manufacturing standards and expand its presence across global markets.Su Piow Ko brings over three decades of inte..

Dun & Bradstreet Flags New Growth Engines in India 2026 Outlook

Dun & Bradstreet has released its India 2026: D&B’s Perspective report, projecting a stable macroeconomic environment underpinned by fresh opportunities for productivity-led and inclusive growth. The report outlines how India’s next growth phase will be driven by digitised logistics, trusted data ecosystems, clean energy and rising city vitality.According to the outlook, India’s GDP growth is expected to reach around 6.6 per cent by FY2027, supported by resilient consumer demand and sustained public investment. Manufacturing is seen entering a new phase, moving beyond scale towar..