Per reports, Kattupalli Shipyard of Larsen & Toubro, located close to the Indian city of Chennai, has become the first Master Shipyard in India for the military ships of the U.S.
The development came after the company signed a 5-year Master Shipyard Repair Agreement, MSRA, with the U.S. to handle the repair and maintenance requirements of U.S. warships in India.
According to the U.S. Consul General in Chennai, Judith Ravin, the deal was a consequence of the...