Mazagon Dock Shipbuilders of Mumbai builds India’s Kalvari-class submarines — the French-designed Scorpène — plus Visakhapatnam-class destroyers and Nilgiri frigates. With $1.1B in arms revenue in 2023 (SIPRI), up 12%, the state yard is the Indian Navy’s principal shipbuilder. Its next project is the P-75I submarine tender with foreign partners.
| Company | Mazagon Dock Shipbuilders |
|---|---|
| Country | India |
| Headquarters | Mumbai |
| Arms revenue, 2023 | $1.1 billion (2023) |
SIPRI Top 100 2023 (Dec 2024); Business Standard (SIPRI summary)