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New Delhi, Sept. 15

As part of the Government’s disinvestment plan, the Shipping Ministry is preparing for divestment in only one of its units — Cochin Shipyard Ltd, the Shipping Secretary, Mr A.P.V.N. Sarma, today said. “We are prepared to divest 10 per cent stake in Cochin Shipyard. Any timing for the process to begin is yet to be communicated,” Mr Sarma said on the sidelines of a conference organised by Assocham here today.

– Our Bureau

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