DCIL Celebrates its Golden Jubilee of Strengthening India’s Maritime Infrastructure
Visakhapatnam: Dredging Corporation of India Limited (DCIL) celebrated its Golden Jubilee on Sunday with a celebration in Visakhapatnam that brought together employees, former staff, stakeholders and customers.
Founded on March 29, 1976, as a centralized public sector initiative, DCIL has spent five decades strengthening India’s maritime infrastructure and supporting port operations across the country. Today, the company handles about 80 percent of India’s maintenance dredging and excavation business of around 120 million cubic meters per year. The company grew its revenue from around ₹200 billion in its early years to ₹1,148 billion in the last financial year.
Congratulating DCIL on achieving the milestone, union Ports, Shipping and Waterways minister Sarbananda Sonowal said the organization is playing an important role in ensuring efficient port operations and cargo movement and contributing to the growth of India’s maritime sector.
Union Minister of State Shantanu Thakur highlighted the company’s contribution to infrastructure development and support to India’s goal of becoming a self-reliant maritime nation. Ministry secretary Vijay Kumar disclosed that DCIL is actively exploring new areas such as submarine cable trenching, offshore wind power support and inland waterways development, which will shape the future course of DCIL.
DCIL chairman M. Angamuthu presided over the event, sharing the company’s long-term vision to become a globally recognized leader in screening services by 2047, with operations extending beyond national borders.
CEO and managing director S. Divakar highlighted the organisation’s vital role in maintenance and capital dredging projects at major ports including Visakhapatnam, Haldia, Deendayal (Kandla), Cochin, Paradip, Chennai and Jawaharlal Nehru Port Authority in Navi Mumbai.
Among those who attended the golden jubilee celebrations were Visakhapatnam Port Authority vice-chairman Roshni Aparanji K.
