Bharati Shipyard
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Bharati Defence and Infrastructure Limited (formerly Bharati Shipyard Limited) is one of the largest
shipbuilding Shipbuilding is the construction of ships and other floating vessels. It normally takes place in a specialized facility known as a shipyard. Shipbuilders, also called shipwrights, follow a specialized occupation that traces its roots to befo ...
companies in
India India, officially the Republic of India (Hindi: ), is a country in South Asia. It is the seventh-largest country by area, the second-most populous country, and the most populous democracy in the world. Bounded by the Indian Ocean on the so ...
.


History

Bharati Shipyard Limited (BSL) was founded in 1973 in Ratnagiri, Maharashtra by Prakash C. Kapoor and Vijay Kumar, graduates of the Ocean Engineering & Naval Architecture program at
Indian Institute of Technology, Kharagpur Indian Institute of Technology Kharagpur (IIT Kharagpur) is a public institute of technology established by the Government of India in Kharagpur, West Bengal, India. Established in 1951, the institute is the first of the IITs to be established ...
, as well as colleagues at
Mazagon Dock Limited Mazagon Dock Shipbuilders Limited (MDL) (IAST: ''Majhagānv Dawk Limiṭeḍ''), formerly called Mazagon Dock Limited, is a shipyard situated in Mazagaon, Mumbai. It manufactures warships and submarines for the Indian Navy and offshore platfor ...
. The company went public in December 2004, with listings on the
Bombay Stock Exchange BSE Limited, also known as the Bombay Stock Exchange (BSE), is an Indian stock exchange. It is located on Dalal Street in Mumbai. Established in 1875 by cotton merchant Premchand Roychand, a Jain businessman, it is the oldest stock exchange i ...
and the National Stock Exchange. In 2005, BSL subsequently acquired a 51% stake in privately held ''Pinky Shipyard Private Limited'' based in
Goa Goa () is a state on the southwestern coast of India within the Konkan region, geographically separated from the Deccan highlands by the Western Ghats. It is located between the Indian states of Maharashtra to the north and Karnataka to the ...
. In 2009, BSL won majority control of Great Offshore Limited in a bidding war with ABG Shipyard Limited. In November 2010, BSL acquired a majority stake in South India based Tebma Shipyards for INR 757.5 Million. BSL bought the entire equipment and infrastructure of the iconic British shipyard,
Swan Hunter Swan Hunter, formerly known as Swan Hunter & Wigham Richardson, is a shipbuilding design, engineering, and management company, based in Wallsend, Tyne and Wear, England. At its apex, the company represented the combined forces of three powe ...
, in 2007, after it declared bankruptcy. In 2015, the shipyard group found itself heavily indebted and in severe financial difficulties. In developing a restructuring plan, the Edelweiss Asset Reconstruction Company acquired 70 per cent of the debt from the lending banks and, as an indication of a desire to concentrate on defence business, the company's name was changed in 2015 to Bharati Defence and Infrastructure Limited. In January 2019 the
National Company Law Tribunal The National Company Law Tribunal is a quasi-judicial body in India that adjudicates issues relating to Indian companies. The tribunal was established under the Companies Act 2013 and was constituted on 1 June 2016 by the government of India ...
declared the restructuring proposals from Edelweiss to be unacceptable and ordered the company's liquidation.


Facilities

Bharati Shipyard is headquartered in
Mumbai Mumbai (, ; also known as Bombay — List of renamed Indian cities and states#Maharashtra, the official name until 1995) is the capital city of the Indian States and union territories of India, state of Maharashtra and the ''de facto'' fin ...
. It operates shipbuilding facilities in Ratnagiri,
Dabhol Dabhol (Marathi pronunciation: ̪aːbʱoɭ, also known as Dabul, is a small seaport town in the Ratnagiri district of Maharashtra in India. It is located on the northern and southern sides of the Vashishthi river that later flows by Chiplun ...
,
Mangalore Mangalore (), officially known as Mangaluru, is a major port city of the Indian state of Karnataka. It is located between the Arabian Sea and the Western Ghats about west of Bangalore, the state capital, 20 km north of Karnataka–Ke ...
and
Kolkata Kolkata (, or , ; also known as Calcutta , the official name until 2001) is the capital of the Indian state of West Bengal, on the eastern bank of the Hooghly River west of the border with Bangladesh. It is the primary business, comme ...
. It has structural quality assurance facilities at
Ghodbunder Road Maharastra State Highway 42, commonly referred to as Ghodbunder Road or G.B. Road, runs entirely through the district of Thane. It is one of the major roads leading out of Thane city and connects to the Eastern Express Highway coming from south ...
in
Thane district Thane district (Pronunciation: ʰaːɳe previously named Taana or Thana) is a district in the Konkan Division of Maharashtra, India. At the 2011 Census it was the most populated district in the country, with 11,060,148 inhabitants; however, ...
. Its subsidiary, '' Pinky Shipyard'', has shipbuilding facilities in
Goa Goa () is a state on the southwestern coast of India within the Konkan region, geographically separated from the Deccan highlands by the Western Ghats. It is located between the Indian states of Maharashtra to the north and Karnataka to the ...
. Its subsidiary, ''Tebma Shipyard'', has shipbuilding facilities in
Karnataka Karnataka (; ISO: , , also known as Karunāḍu) is a state in the southwestern region of India. It was formed on 1 November 1956, with the passage of the States Reorganisation Act. Originally known as Mysore State , it was renamed ''Karnat ...
,
Kerala Kerala ( ; ) is a state on the Malabar Coast of India. It was formed on 1 November 1956, following the passage of the States Reorganisation Act, by combining Malayalam-speaking regions of the erstwhile regions of Cochin, Malabar, South ...
and
Tamil Nadu Tamil Nadu (; , TN) is a state in southern India. It is the tenth largest Indian state by area and the sixth largest by population. Its capital and largest city is Chennai. Tamil Nadu is the home of the Tamil people, whose Tamil language ...
. BSL's
Dabhol Dabhol (Marathi pronunciation: ̪aːbʱoɭ, also known as Dabul, is a small seaport town in the Ratnagiri district of Maharashtra in India. It is located on the northern and southern sides of the Vashishthi river that later flows by Chiplun ...
yard is one of the largest in
India India, officially the Republic of India (Hindi: ), is a country in South Asia. It is the seventh-largest country by area, the second-most populous country, and the most populous democracy in the world. Bounded by the Indian Ocean on the so ...
, spread over 300 acres. In 2007, BSL bought the entire equipment and infrastructure, of bankrupt British shipyard Swan Hunter. The infrastructure, including the iconic cranes and the floating dock, was dismantled, transported to India, and installed at BSL's Dabhol yard.


Products

''Bharati Shipyard'' builds
jackup rig A jackup rig or a self-elevating unit is a type of mobile platform that consists of a buoyant hull fitted with a number of movable legs, capable of raising its hull over the surface of the sea. The buoyant hull enables transportation of the unit a ...
s, platform supply vessels, tractor and ASD tugs,
dredger Dredging is the excavation of material from a water environment. Possible reasons for dredging include improving existing water features; reshaping land and water features to alter drainage, navigability, and commercial use; constructing da ...
s, deep sea fishing vessels,
bulk carrier A bulk carrier or bulker is a merchant ship specially designed to transport unpackaged bulk cargo — such as grains, coal, ore, steel coils, and cement — in its cargo holds. Since the first specialized bulk carrier was built in 1852, eco ...
s,
cargo Cargo consists of bulk goods conveyed by water, air, or land. In economics, freight is cargo that is transported at a freight rate for commercial gain. ''Cargo'' was originally a shipload but now covers all types of freight, including trans ...
and
container ship A container ship (also called boxship or spelled containership) is a cargo ship that carries all of its load in truck-size intermodal containers, in a technique called containerization. Container ships are a common means of commercial intermoda ...
s, tankers and
roll-on/roll-off Roll-on/roll-off (RORO or ro-ro) ships are cargo ships designed to carry wheeled cargo, such as cars, motorcycles, trucks, semi-trailer trucks, buses, trailers, and railroad cars, that are driven on and off the ship on their own wheels or using ...
vessels. In March 2009, it was awarded a contract to build 15 high-speed
interceptors An interceptor aircraft, or simply interceptor, is a type of fighter aircraft designed specifically for the defensive interception role against an attacking enemy aircraft, particularly bombers and reconnaissance aircraft. Aircraft that are ca ...
for the
Indian Coast Guard The Indian Coast Guard (ICG) is a maritime law enforcement and search and rescue agency of India with jurisdiction over its territorial waters including its contiguous zone and exclusive economic zone. The Indian Coast Guard was formally es ...
.


References

{{reflist Shipbuilding companies of India Manufacturing companies based in Mumbai 1973 establishments in Maharashtra Indian companies established in 1973 Manufacturing companies established in 1973 Companies listed on the National Stock Exchange of India Companies listed on the Bombay Stock Exchange