Jain told CNBC-TV18, "Great Offshore and Garware Offshore definitely look good. On Garware we have a target of Rs 280-300. It is supplying Platform Supply Vessels and Anchor Handling Tugs. These vessels are required not just at the exploration stage but also throughout from the exploration stage to production stage. The kind of offshore spend we are looking at, KG Basin development, not just in India, but across the world, these vessels are going to be in demand and day rates of these vessels are also expected to be on a firm trajectory."
