DCIL on the growth path

The Dredging Corporation of India Limited (DCIL) signed 22 Memorandums of Understanding (MoUs) worth Rs 17,645 crore with 16 Major Ports and organisations at the recent India Maritime Week 2025, to meet the dredging needs of Indian ports and accelerate their modernisation over the next two to five years. The MoUs covered partnerships with leading ports, including Visakhapatnam, Paradip, Jawaharlal Nehru, Deendayal, Syama Prasad Mookerjee, Cochin, Chennai and Mumbai. To enhance operational capabilities and promote self-reliance, DCIL also announced several strategic collaborations - A MoU with Cochin Shipyard focuses on the construction and repair of dredgers under the ‘Atmanirbhar Bharat’ initiative, while another with NMDC Abu Dhabi seeks to establish a joint venture to strengthen global competitiveness, as per a report.

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