For every job at Mazagon Dock, 6.4 jobs are created across economy: Captain Jagmohan
Captain Jagmohan highlighted the significant economic impact of Mazagon Dock Shipbuilders Limited, stating that one job there creates 6.4 additional jobs across India. He emphasized the Maritime Amrit Kaal Vision 2047, which aims to elevate India to one of the top five shipbuilding nations. The initiative is supported by substantial government investment and infrastructure requirements to foster growth in the maritime sector.
- ▪One direct job at Mazagon Dock generates 6.4 jobs across India.
- ▪The Maritime Amrit Kaal Vision 2047 aims to position India among the top five shipbuilding countries by 2047.
- ▪The government projects 30 lakh jobs under the MAKV package by 2047.
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Speaking at The Hindu Infrastructure Conclave in Maharashtra, Chairman and Managing Director Captain Jagmohan (Retd.) said that one direct job at Mazagon Dock Shipbuilders Limited generates 6.4 jobs across India. He cited Project 17A frigate as a live example, where 4,500 MDL workers support nearly 28,000 positions in ancillary industries.The Maritime Amrit Kaal Vision (MAKV) 2047 aims to place India among the top five shipbuilding countries by 2047, with an annual capacity of 4.5 million gross tonnage and an expected investment of ₹4.5 lakh crore.Captain Jagmohan noted that the Union Cabinet’s September 2025 package of ₹69,725 crore - comprising the Shipbuilding Financial Assistance Scheme (₹24,736 crore), Maritime Development Fund (₹25,000 crore), Shipbuilding Development Scheme…
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