Hindustan Shipyard Limited — New CMD

Rear Admiral (Retd.) C. Raghuram assumed charge as CMD of Hindustan Shipyard Limited (HSL).

HSL

• Established: 1941
• Headquarters: Visakhapatnam
• Status: Miniratna Category-I CPSE
• Ministry: Ministry of Defence

UPSC Relevance

GS-III — Defence manufacturing + Shipbuilding

Key theme

Indigenous shipbuilding is important for:

• Maritime security
• Defence preparedness
• Strategic autonomy
• Blue economy
• Employment and industrial development