Bharati Defence and Infrastructure Limited (formerly Bharati Shipyard Limited) is one of the largest shipbuilding companies in India.

History

Bharati Shipyard Limited (BSL) was founded in 1973 in

Ratnagiri Ratnagiri (IAST:Ratnāgirī ; �ət̪n̪aːɡiɾiː is a port city on the Arabian Sea coast in Ratnagiri District in the southwestern part of Maharashtra, India. The district is a part of Konkan division of Maharashtra. The city is known for ...

Maharashtra Maharashtra (; , abbr. MH or Maha) is a states and union territories of India, state in the western India, western peninsular region of India occupying a substantial portion of the Deccan Plateau. Maharashtra is the List of states and union te ...

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. The company went public in December 2004, with listings on the Bombay Stock Exchange and the National Stock Exchange. In 2005, BSL subsequently acquired a 51% stake in privately held ''Pinky Shipyard Private Limited'' based in Goa. 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, 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 declared the restructuring proposals from Edelweiss to be unacceptable and ordered the company's liquidation.

Facilities

Bharati Shipyard is headquartered in Mumbai. It operates shipbuilding facilities in

, Dabhol, Mangalore and Kolkata. 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. Its subsidiary, '' Pinky Shipyard'', has shipbuilding facilities in Goa. Its subsidiary, ''Tebma Shipyard'', has shipbuilding facilities in Karnataka, Kerala and Tamil Nadu. BSL's Dabhol yard is one of the largest in India, 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

tug A tugboat or tug is a marine vessel that manoeuvres other vessels by pushing or pulling them, with direct contact or a tow line. These boats typically tug ships in circumstances where they cannot or should not move under their own power, suc ...

s, dredgers, deep sea fishing vessels, bulk carriers, cargo and container ships,

tanker Tanker may refer to: Transportation * Tanker, a tank crewman (US) * Tanker (ship), a ship designed to carry bulk liquids ** Chemical tanker, a type of tanker designed to transport chemicals in bulk ** Oil tanker, also known as a petroleum ta ...

s and roll-on/roll-off vessels. In March 2009, it was awarded a contract to build 15 high-speed interceptors for the Indian Coast Guard.

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