Mumbai-based Mazagon Dock Ltd (MDL) is also keen to gain access to Pipavav Shipyard, though it is not participating in the IBC process
Cochin Shipyard, with facilities on the East and West coasts of India, is a leader in commercial and defence shipbuilding and repairs.
Its subsidiary Titagarh Firema has also secured a new contract worth about Euro 70 million for new traction and fire protection systems in the existing fleet of Italy's Trenitalia