Dredging Corporation of India Limited — Updates, 18-05-2025: Press Release

Dredging Corporation of India has announced a board meeting on the financial results for the quarter and half-year. MD & CEO Durgesh Kumar Dubey highlighted dredging’s vital role in India’s maritime growth, driven by port-led industrialization and a ₹25,000 Cr Maritime Development Fund. The company plans fleet expansion, including the TSHD Godavari, and aims to enter international markets. Growing demand for inland waterway dredging, particularly for reservoirs and canals, offers new growth avenues. DCIL is seeking partnerships to enhance capacity and innovation in this expanding sector.