Dredging Corporation eyes Rs 1,300 crore turnover
Indian dredging company Dredging Corporation of India Ltd (DCI) has set a target of 12 percent growth to hit a turnover of more than Rs 1,300 crore in the ongoing financial year. It is the highest-ever turnover since the inception of the company.
The firm's CEO said the scope of dredging activity in the country is expected to grow significantly in the months to come as the government's focus is on deepening and widening navigational channels of major ports, and developing the inland waterways for improving the intra & inter EXIM trade.
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