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2 clusters · 2 sources · 28 days · First seen · Last updated
India maritime and shipbuilding capacity expansion
Overview
India is expanding its maritime and shipbuilding capacity through significant regional infrastructure projects and policy initiatives.
In Gujarat, the government launched the Gujarat Shipbuilding and Repair Policy 2026. This initiative aims to establish the state as a premier maritime manufacturing hub by creating two Integrated Mega Shipbuilding Parks and six new greenfield ports. The projects, which include shipyard developments at Mithapur, Ghogha, Vadhera, and Kuchhadi, are expected to attract investments exceeding Rs 35,000 crore.
Simultaneously, expansion efforts have been initiated in West Bengal. Defense Minister Rajnath Singh laid foundation stones for five projects valued at approximately 3,500 crore rupees. These developments involve Garden Reach Shipbuilders & Engineers (GRSE) and Yantra India Limited, focusing on constructing large vessel shipyards in Raichak and upgrading existing facilities in Kolkata and Howrah to enhance the production of medium and small ships, ferries, and warships.
Entities
Yantra India Limited · Shipbuilding and Repair Policy 2026 · Gujarat Maritime Board · Gujarat (state, India) · West Bengal
Timeline
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20 days ago
[BUSINESS] 2 sourcesIndia expands shipbuilding capacity with new West Bengal projectsIndia is expanding its shipbuilding capacity through 3,500 crore rupees in new projects in West Bengal, led by GRSE and Yantra India Limited to establish the nation as a global maritime hub.
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about 2 months ago
[BUSINESS] 6 sourcesGujarat rolls out shipbuilding plan to draw up to Rs 35,000 cr investmentGujarat unveiled a shipbuilding policy targeting up to Rs 35,000 cr investment, two mega parks, three new shipyards, a mega cluster and six greenfield ports to boost capacity beyond 5 million DWT.
Sources
hindimilap.com · samacharnama.com