GROWTH IN PSUs

Madhu Nair retiring after serving as CMD, Cochin Shipyard Ltd for ten years

Madhu Nair retiring after serving as CMD, Cochin Shipyard Ltd for ten years
The tenure of Madhu S Nair is coming to an end after a dynamic leadership as Chairman-cum-Managing Director, Cochin Shipyard Limited (CSL). Nair, who joined the PSU on January 1, 2016, is successfully completing his tenure on January 31, 2026, a total span of ten years. Under his leadership, CSL became a listed company after a very successful Initial Public Offer. Madhu holds a degree of Bachelor of Technology (Naval Architecture and Ship Building) from Cochin University of Science & Technology in first class and Masters in Engineering (Naval Architecture and Ocean Engineering) from Osaka University, Japan. He has more than 34 years of professional experience with Cochin Shipyard Ltd since joining as Executive Trainee in June 1988 in the entire gamut of shipyard management. He was the key driver in forging alliances with international technology partners. He was also instrumental in conceptualizing the Small Ship Division, and a key player in bagging international contracts while he was heading the Marketing Division. During his tenure, CSL undertook two major expansion projects worth Rs.2,769 crores. Also CSL is making foray into the Inland waterways transport vessel segment by setting up a subsidiary Company at Kolkata. CSL has forged an alliance with the Major Port Trusts in India, viz. Mumbai Port Trust and Kolkata Port Trust for developing and operating Ship Repair ecosystems and setting up separate units in those ports. CSL also established a unit at Port Blair. He is trained in shipbuilding systems at IHI Shipyard at Kure, Japan and undergone JICA Specialized training at Overseas Vocational Training Centre (OVTA), Tokyo and Osaka International Centre, Osaka, Japan and did research in Joining & Welding Research Institute, during Masters in Engineering at Osaka University, Japan. He is a member of various Professional bodies including The Royal Institution of Naval Architects, UK (RINA), Institution of Naval Architects, India. He is a strong believer in the power of people and the "people first policy" conceived by him is aimed at steering CSL into a knowledge organization.
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