250 Rupees 2024

Weight

35 g

Diameter

44 mm

Thickness

NA

Material

Silver (.500) (Quaternary Alloy (Silver 50%, Copper 40%, Nickle 5%, Zinc 5%))

Shape

Round

Edge Type

Reeded with 200 Serrations

Technique

Milled

Front design

Ashoka Pillar, Denomination Below with Rupee symbol '₹'.

Back design

Logo of Mazagon Dock Shipbuilders Limited

Year of Minting

2024

Ruling authority

Republic (1950-date)

Mint location

NA

Mint mark

NA

Orientation

Medal alignment ↑↑

Inscriptions

Obverse: सत्यमेव जयते भारत INDIA ₹250 Reverse: माझगांव डाॅक शिपबिल्डर्स लिमिटेड के 250 वर्ष 1774 - 2024 250 YEARS OF MAZAGON DOCK SHIPBUILDERS LIMITED

Context

The history of Mazagon Dock dates back to 1774 that of 250 years, when a small dry dock was constructed in Mazagon, Mumbai to service ships of the British East India Company. Over the next 250 odd years, this small dock progressively developed into the massive conglomerate that is today universally known as Mazagon Dock Shipbuilders Limited. It has passed through various ownership and got incorporated in 1934. Finally, in the year 1960, the Government of India took over the yard to further its warship development programme and incorporated it as a PSU under the Ministry of Defense. From the initial order for building six Leander class frigates, under a transfer of technology from the British Admiralty to the sophisticated destroyers and submarines, currently on order, the yard has come a long way. Today, it is the premier and lead warship building yard in the country, a Mini Ratna Schedule – 1 company producing sophisticated world class warships and other commercial crafts. It produces world class stealth frigates, destroyers and submarines for the Indian Navy. MDL is fully committed to continuously enhance the indigenous content of the ships, submarines and other vessels being built to ensure that the “Make in India” initiative of the Government of India is a success story in letter and spirit. MDL has played a vital role in defence production and indigenous manufacturing of capital goods for the Indian Navy. Over the years the company has won numerous awards in various categories including the “Best Shipyard” for the year 2014-15. MDL has the capability and capacity to handle both domestic and export orders simultaneously without compromising either of the verticals. MDL is trying to maximize geostrategic reach and meet International demand through Exports.

Rarity

Rare

Coin type

Non-circulating

In circulation

Yes

Demonetized

No

Marketplace listings

0