India's L&T Shipbuilding is targeting overseas contracts as domestic deals dry up.
“We will be done with all our orders in 2019, once we finish the seven offshore patrol vessels (OPVs) order the same year,” Jayant D Patil, senior executive vice-president of defence, told the Business Standard.
“Since there is no revenue visibility from the domestic market in the next two years, we will be scouting far more aggressively in the export market and increase our dependency on export orders,” he added.
