Where is the headquarters of Dredging Corporation of India Limited?
[B] New Delhi
The Dredging Corporation of India Limited (DCI) is a Miniratna Indian public sector unit engaged in the business of dredging. DCI is headquartered at Visakhapatnam and it reports to the Ministry of Shipping. Recently, it is in news because a proposal for disinvestment of DCI is under consideration of the Government of India (GoI). The proposal is aimed at upgrading technology, improving capability, infusing capital to buy necessary dredgers and equipments and instilling experienced professional management to optimize the operations of DCI. This information was given by the Minister of State for Shipping and Road Transport and Highways Pon. Radhakrishnan in a written reply to a question in the Lok Sabha on July 27, 2017.