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I for I: India set to arm Indonesia to counter misadventures in Indo-Pacific In a historic move, Mazagon Dock Shipbuilders Limited (MDL) has inked a $52.96 million deal to acquire a controlling stake in Sri Lanka's premier dockyard, Colombo Dockyard PLC (CDPLC). This marks MDL's first international acquisition, signalling India's intent to establish a strategic maritime presence in the Indian Ocean particularly significant amid intensifying Chinese influence in the region. The deal, finalised t ...Read More >
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