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SHIP REPAIR CLUSTERS
Nods for Rs 30,000 crore shipbuilding cluster in Andhra Pradesh this month: Minister SonowalIndia plans a major shipbuilding cluster in Andhra Pradesh with ₹30,000 crore investment. This move aims to boost the Indian fleet size. Pr...- PM Modi in UAE: India signs defence, gas supply and strategic oil reserves pacts with Abu DhabiIndia and the United Arab Emirates forged new ties on Friday. Key agreements were signed in defence cooperation, energy security, and infra...
- VOC Port forms joint venture with Tamil Nadu govt to set up shipbuilding cluster at TuticorinV.O. Chidambaranar Port Authority has formed a special purpose vehicle for a mega shipbuilding cluster at Tuticorin. This joint venture wit...
- Budget 2026: As the world fractures, India must look seawardUnion Budget of India: India's shipping and ports sector is emerging as a key driver for economic growth. Strategic investments in ports an...
- Exploring tax, policy measures to strengthen maritime sector: Sarbananda SonowalThe government actively explores tax and policy changes for India's maritime sector. A ₹70,000 crore plan will transform shipbuilding into ...
- Govt committed to positioning India as shipbuilding hub: Sahntanu ThakurIndia aims to become a top shipbuilding hub by 2047, driving its blue economy through strategic initiatives and investments. Maharashtra is...
- Japanese shipping giant Mitsui OSK Liners in talks to build ships in India, aims to lead green shippingMitsui OSK Lines (MOL) is in discussions with the Indian government to construct ships in India, aiming to contribute to the nation's marit...
- Govt approves policy to make Maharashtra shipbuilding hub, create 40,000 jobs by 2030Maharashtra is set to become a major shipbuilding hub. The state government approved a new policy for shipbuilding, repair, and recycling. ...
- Cochin Shipyard shares in focus after signing MoU with Drydocks World to build ship repair clustersCochin Shipyard shares: Cochin Shipyard stated that the partnership will enhance maritime infrastructure, create jobs, and support India's ...
- 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...
- Centre draws up Rs 57,000 crore plan for ship building and Kandla port expansionThe government has launched a Rs 47,000 crore plan to develop shipbuilding facilities and expand Gujarat’s Kandla Port by 135 MTPA. The ini...
- Rs 30,000 crore maritime development fund to help shipbuildingIndia is launching a ₹30,000 crore Maritime Development Fund to bolster its shipbuilding industry and aims to lead the world in ship recycl...
- Ship-building clusters to come up in five states: Union Minister SonowalIn the next five years, the ministry projects container handling to reach an impressive 40 million TEUs (twenty-foot equivalent unit), crea...
- Kochi gears up as shipbuilding hub as PM set to dedicate new projectsIt will modernise and expand the existing ship repair capabilities of CSL and aspires to transform Kochi as a global ship repair hub and al...
- Ship building and repair clusters will be developed in coastal cities: SonowalUnion Ports, Shipping, and Waterways Minister Sarbananda Sonowal announced plans to establish ship building and repair clusters in strategi...
- Government to soon unveil new shipbuilding policyThe new policy will have a special focus on positioning India as a manufacturing hub of LPG, LNG, cruise and chemical tanker ships, besides...
- Sagarmala project may lead to savings in logistics amounting to Rs 40,000 croreGlobally, maritime nations such as China, South Korea and Japan have effectively used their coastline for port-led development.
- Projects with investment potential of Rs 1.2 lakh crore to be showcased at maritime summitThe ports and shipping sector has the potential to create nearly 40 lakh direct jobs and 60 lakh indirect employment opportunities over the...
- Port and shipping sector can create nearly 40 lakh direct jobs: Nitin GadkariPort and shipping sector has potential to create nearly 40 lakh direct jobs and 60 lakh indirect employment opportunities over the next 5 y...
- Gujarat lines up policy to pump up ship buildingTraffic on Gujarat coast is increasing at the rate of 15% per annum. Ship repairing and building will provide indirect support to ports and...
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