Reliance Infrastructure Limited (RInfra)-controlled Reliance Defence and Engineering Limited (RDEL) has signed the Master Ship Repair Agreement (MSRA) with the US Navy to maintain the vessels of its Seventh Fleet operating in the region, with the company estimating revenues of about Rs 15,000 crore ($10 billion) over next 3 -5 years. The Reliance Shipyard at Pipavav in Gujarat, one of the largest drycocks in the world, was qualified by as an approved contractor in January 2017 to perform complex repair and alternation services for the US Navy. The Reliance Shipyard is the first in India to have received MSRA Certification to undertake servicing and repairing work for the vessels of the Seventh Fleet. The fleet has about 100 vessels of different types including auxiliaries. Currently, these vessels visit Singapore or Japan for such works. "Reliance Shipyard has been selecte...