Parts of this article (those related to Ownership) need to be updated.(July 2024) |
20°55′20″N 71°29′58″E / 20.922351°N 71.499571°E
Reliance Naval and Engineering Limited, formerly known as Reliance Defence & Engineering Limited and prior to that as Pipavav Shipyard Limited (PSL) and Pipavav Defence & Offshore Engineering Company Limited[1] is an Indian shipbuilding and heavy industry company headquartered in Mumbai. The shipyard is located near the village of Pipavav in Gujarat, at a distance of 90 km South of Amreli, 15 km South of Rajula and 140 km South West of Bhavnagar. Reliance Naval was the first private sector company in India to obtain a license and contract to build warships and owns the largest shipyard in India.[2][3][4]
Formerly |
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Company type | Public |
BSE: 533107 NSE: RNAVAL | |
Industry | |
Founded | 17 October 1997 |
Founders | Nikhil Prataprai Gandhi Bhavesh Prataprai Gandhi |
Headquarters | , |
Area served | Worldwide |
Key people | Nikhil Merchant (Chairman and Managing Director) |
Services | Ships & offshore Platforms, Pressure Vessels Design, construction, repair and conversion |
Revenue | ₹14.13 billion (US$170 million) (2018)[5] |
₹−9.56 billion (US$−110 million) (2018) | |
Total assets | ₹99.4 billion (US$1.2 billion) (2018) |
Number of employees | 367 (March 2018) |
Website | www |