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GREENFIELD SHIPBUILDING
Shipping ministry gives in-principle approvals for shipbuilding and repair clusters in GujaratGujarat will soon establish a new shipbuilding cluster in Porbandar. A significant ship repair facility is also planned for Vadinar in the ...
In-principle nod to 2 maritime projects, including Rs 1,570 cr ship repair facility in GujaratTwo strategic maritime projects in Gujarat have received in-principle approval from the shipping ministry. A Rs 1,570-crore ship repair fac...
Private capital should play a much larger role in India's infrastructure development: Rajkiran Rai, MD & CEO, NaBFIDIndia requires infrastructure investments of nearly Rs 770 lakh crore over the next 20 years. This requirement cannot be met through budget...
Andhra IT Minister Lokesh invites South Korean BNK Venture Capital to mentor SMEs, startupsAndhra Pradesh's IT Minister Nara Lokesh has opened doors to South Korean BNK Venture Capital, seeking mentorship for local SMEs. His call ...
GRSE shares jump 5% after PSU conferred 'Navratna' status. What this means for the warship-maker?GRSE shares surged nearly 5% after the defence PSU was granted Navratna status, boosting investor sentiment. The status allows greater fina...
Ship-building scheme gets 12 applications seeking incentivesThe scheme, launched last September, aims to make domestic shipyards more competitive by bridging the cost arbitrage with foreign rivals in...
Indian ports turning into logistics and industrial hubs, shipping secretary tells investors in SingaporeIndia's ports are becoming major logistics hubs. Cargo capacity has doubled and will reach 3,500 million tonnes per annum by 2030. The nati...
Shipbuilding, roads, railways to anchor Rs 12.2 lakh crore capex in FY27India's government plans a significant Rs 12.2 lakh crore capital expenditure for 2026-27. This investment will primarily boost shipbuildin...
'Shipbuilding schemes set for FY27 rollout': Sarbananda SonowalThe government will prioritize executing shipping schemes in 2026-27. Key goals include launching three shipbuilding schemes on time and ac...
Govt rolls out Rs 44,700 crore shipbuilding push to boost domestic maritime industryThe Centre has unveiled operational guidelines for the Shipbuilding Financial Assistance Scheme (SBFAS) and the Shipbuilding Development Sc...
Why maritime self-reliance must be central to India’s 2047 visionA resilient maritime sector capable of withstanding extraordinary situations will strengthen India’s economic independence and global influ...
Cochin Shipyard to raise ₹6,000 cr for capexCochin Shipyard is set to invest ₹6,000 crore over the next five to six years. Funding will come from government schemes, multilateral loan...
SCI, Mazagon Dock and other shipping stocks in focus after Cabinet clears Rs 69,725 crore shipbuilding packageThe Union Cabinet cleared a ₹69,725 crore revival package for the shipbuilding industry. The plan, built on a four-pillar approach, aims to...
Cabinet approves Rs 69,725 crore package to transform India’s shipbuilding, maritime sectorThe Union Cabinet, led by Prime Minister Narendra Modi, has approved a Rs 69,725 crore package. This package aims to revitalize India's shi...
Reliance Consumer Products to invest Rs 1,156 cr for manufacturing unit in Tamil NaduReliance Consumer Products will invest significantly in Tamil Nadu. The company plans to establish a manufacturing unit at SIPCOT Allikulam...
Mazagon Dock Shipbuilders shares in focus after signing MoU for greenfield shipyard in Tamil NaduMazagon Dock share price: Mazagon Dock Shipbuilders signed an MoU with Guidance Tamil Nadu to explore a greenfield shipyard on India’s east...
Mazagon Dock Shipbuilders signs MoU with TN govt to develop greenfield shipyard on the eastern coastMazagon Dock Shipbuilders Limited (MDL) and Guidance Tamil Nadu have signed a Memorandum of Understanding (MoU) to investigate the possibil...
'Government run ports' cargo handling capacity will double in 5 years': Sarbananda SonowalIndia's central government-controlled ports will nearly double their container handling capacity to 40 million TEUs in the next five years,...
- GMB signs Rs 1 lakh cr MoU for expansion and shipyard projects
For development of a greenfield port, it has signed an MoU worth Rs 5000 crore with Shapoorji Paloonji Co Ltd. The port will come up at Chh...
- Shipping Corp plans to set up shipbuilding yards
After engineering giant L&T, India's largest shipping company Shipping Corporation of India has jumped into the fray for setting up world-c...