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LOCAL SHIPBUILDING
Defence shares gain momentum on strong production and growth outlookIndian defence stocks surged as the government announced a record ₹1.78 lakh crore in defence production for fiscal 2026, a 15.6% increase ...- NSA Ajit Doval, Russian Presidential aide Patrushev review maritime, defence cooperationDoval and Patrushev assessed the status of proposals discussed during Patrushev's visit to New Delhi in November 2025. Their discussions fo...
- 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...
- India’s first underwater museum project launched off Maharashtra coast in SindhudurgSindhudurg district in Maharashtra is set to become a major marine tourism hub. India's first underwater museum and submarine tourism proje...
- India discusses boosting trade with UK, local currency trade settlement with TanzaniaIndia and the UK are strengthening trade and investment ties. Discussions focused on maximizing benefits from the Comprehensive Economic an...
- Scientists Studied an Ancient Roman Shipwreck and Found a 2,200-Year-Old Portal to the PastA Roman shipwreck, Ilovik-Parzine 1, discovered off Croatia, has revealed ancient waterproofing techniques through a new study. Analysis of...
- Seoul mates, India can swipe rightIndia and South Korea are enhancing their strong partnership. President Lee Jae-myung's visit highlights a focus on trade and technology. S...
- South Korea Inc meets Modi; Cos including Samsung & LG looking to expand in key market, export moreTop South Korean business leaders met Prime Minister Narendra Modi. They discussed expanding their operations in India. Companies like Sams...
- Desi shipbuilders plan to augment local sourcing of key componentsIndian shipbuilders are boosting local component sourcing. This aligns with the government's 'Make in India' initiative for the maritime se...
- Korea's Samsung Heavy Industries joins India's shipbuilding push with Swan Defense and Heavy IndustriesSamsung Heavy Industries has partnered with India's largest shipyard, Swan Defense and Heavy Industries, to enter the Indian shipbuilding m...
- Support from govt, industries vital for Indian shilpbuilders: CEO of Japanese co MOLIndian industries should collaborate to strengthen the local shipping and shipbuilding sectors, says Takeshi Hashimoto, CEO of Japan's MOL....
- Budget 2025: Tax breaks said to be among incentives for shipping sectorBudget 2025: The Indian government is considering incentives for the domestic shipping sector, such as tax breaks, support for vessel manuf...
- Catching wind in the sails, finallyIndia is aiming to boost its shipbuilding capacity to match its growing manufacturing trade. The government seeks investment from South Kor...
- For a larger slice of global pie, India seeks anchor role to turn local shipbuilding tideThe government intended to propose a new shipbuilding policy to the cabinet, featuring a recycling credit note scheme and fixed subsidies o...
- GAIL tender offers easier terms for local shipbuildingGAIL is seeking to hire at least nine carriers, a third of which must be built locally, according to a fresh tender issued by the company.
- GAIL to offer foreign shipbuilders five years for making LNG carriersGAIL is insisting foreign shipbuilders to build in India at least a third of the 11 LNG carriers it plans to charter for about 20 years beg...
- Shipbuilding sector demands infra status, financial help: GovernmentEarlier the shipbuilding subsidy scheme was extended to all Indian shipyards on October 15, 2002 and the subsidy scheme expired in 2007.
- Allowing local shipbuilders to bid for state contracts could mean big opportunity for Indian shipyards: PC Kapoor, MD, Bharati ShipyardIn an interview with ET Now, PC Kapoor, managing director, Bharati Shipyard Ltd, talks about the government proposal that may allow local s...
- Samsung Heavy wins $1.7 bn shipbuilding dealsSouth Korea's Samsung Heavy Industries Co. said on Friday it had won deals worth 1.7 billion dollars to build 19 vessels, as global demand ...
- Auxiliary industries struggle to find growthAs shipbuilding sector looks for govt support to be on its own.
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