On March 17, 2022, the Dredging Corporation of India (DCI) signed a historic shipbuilding agreement for the first Make in India project involving the construction of the first beagle series 12 trailing suction hopper dredgers of 12,000 cum capacity on Cochin Shipyard Limited’s premises. The dredger construction is one of the largest initiatives taken under the Atmanirbhar Bharat mission and is a true reflection of international collaboration for Make in India. The shipbuilding agreement will also benefit from the Shipbuilding Financial Assistance Policy for Indian Shipyards.