Pipavav Defence and Offshore Engineering Company Ltd has informed BSE about the following:1. Pipavav Defence is very pleased to announce the new order for specialised offshore vessels from the European client.2. This is a significant development and it's offshore division is constantly increasing the clientele in the global market.3. The value of the order is worth Rs. 595 crore with option to supply two more specialised offshore ships valued at Rs. 1200 crore. Overall global market's need for similar specialised offshore ships is nearly USD 10 BN per year.4. Pipavav intends to increase its market share in the offshore segment substantially over the next four quarters.Source : BSE
Read all announcements in Pipavav Defence
Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
Find the best of Al News in one place, specially curated for you every weekend.
Stay on top of the latest tech trends and biggest startup news.