Syama Prasad Mookerjee Port, Kolkata (SMPK) and Cochin Shipyard Ltd (CSL) on Friday reaffirmed their collaboration to strengthen India’s ship repair ecosystem, with Rs 5.94 crore handed over as shared profit under their joint venture.
SMPK chairman Rathendra Raman received the cheque from CSL chairman and managing director Madhu Nair during a visit to CSL’s ship repair facility at Cochin. The amount represents the profit generated by the Cochin–Kolkata Ship Repair Unit (CKSRU), a joint venture between the two public sector entities.
Raman said the profit highlights the commercial viability and strategic importance of indigenous ship repair facilities, demonstrating how collaboration between port authorities and shipyards can contribute to the ‘Make in India’ initiative. He added that SMPK is keen to further expand ship repair activities at Kolkata.
The partnership aims to enhance domestic ship repair capacity, reduce dependence on overseas facilities and support the growth of India’s maritime infrastructure.