New Delhi, March 22 — Dredging Corporation of India Ltd (DCIL) is aiming to more than double its revenue to ₹3,000 crore over the next five to six years, according to its Managing Director and CEO, Capt S Divakar. The company plans to achieve this growth by expanding into new markets and exploring additional business opportunities.
Headquartered in Visakhapatnam, DCIL is one of India’s oldest and leading dredging firms, with nearly five decades of expertise in dredging services, maritime infrastructure development, and inland waterways.
Highlighting the company’s growth trajectory, Divakar noted that DCIL’s revenue reached ₹1,148 crore in the 2024–25 financial year, up from ₹550 crore in 2015. “We have consistently expanded over the years and now aim to double our revenue once again, targeting ₹3,000 crore within the next five to six years,” he said in a video interview.
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