The Government of India is reportedly considering a potential merger of Dredging Corporation of India Limited (BSE:523618) with Cochin Shipyard Limited (BSE:540678). Sources familiar with the development stated that Shipping Ministry may shelve its earlier plans for strategic disinvestment of Dredging Corporation of India and is instead considering the possibility of merging the two companies. The government has reportedly already begun the process of selling its entire stake in Dredging Corporation.