Dredging Corp of India Ltd

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About

The Dredging Corporation of India (DCI), a Government of India enterprise, was established in 1976. The government has a stake of 98.56 per cent in the company. DCI is engaged in the activities of capital & maintenance dredging for the creation of new harbours, deepening of existing harbours and maintenance of draught navigation channels at various major & minor ports, desiltation for lakes, ponds reservoirs and inland channels. The company owns a fleet of 10 dredgers. DCI provides integrated dredging services to the major and minor ports of the country and abroad. DCI has been awarded "mini ratna" status by the Government of India thereby empowering it with enhanced autonomy with regard to capital expenditure, establishment of joint ventures, overseas offices and technology alliance. The turnover of company for FY1999-2000 is around Rs. 3,320 million.