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SHIPBUILDING CAPACITY EXPANSION
Vedanta may have a couple more tranches of promoter-driven selling; stock likely to bounce back in 1-2 weeks: Ambareesh BaligaVedanta shares saw a significant drop following a large block deal, but analysts suggest the selloff is temporary. Promoter entity Twin Sta...- India achieves MIV 2030 ship-recycling goal ahead of scheduleIndia has surged to become the world's leading ship-recycling nation in 2025, achieving this milestone ahead of schedule. This significant ...
- 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...
- China's subsidy edge poses biggest challenge to Make in IndiaAs Indian manufacturers navigate the challenging waters of global trade, they find themselves increasingly overshadowed by Chinese business...
- Indian Navy expands blue-water capability with 5 new indigenous vesselsThe Indian Navy is set to significantly bolster its maritime security with the induction of five indigenously built platforms this month. T...
- PM Modi distributes over 51,000 appointment letters at 19th Rozgar Mela; highlights India’s global tech rise and youth opportunitiesPrime Minister Narendra Modi distributed over 51,000 appointment letters to new government recruits. These individuals will join various ce...
- 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...
- Op Sindoor legacy: India moves from borrowing muscle to becoming a source for global playersIndia's defense sector is experiencing a historic upswing, with exports surpassing 38,000 crore rupees. This surge is directly linked to th...
- India plans 62 vessels in FY27 with Rs 51,383 crore investment: Union minister Sarbananda SonowalIndia is accelerating its shipping capabilities to achieve self-reliance, with plans to add 62 vessels by FY 2026-27, backed by a significa...
- India steadily positioning itself as competitive maritime nation: Shipping secretaryIndia is strengthening its position as a maritime power. Policy changes, infrastructure growth, and private sector engagement are driving t...
- 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...
- The K-pop cash flow: South Korean beats power India's FDI remixSouth Korean President Lee Jae Myung's visit to New Delhi signals India's strategic push for large-scale FDI in advanced manufacturing and ...
- Odisha advances industrial push with Rs 3,877 crore infusionThese investments span advanced manufacturing, green industries, healthcare, and tourism, reinforcing the state's industrial growth and eco...
- Commercial shipbuilding: Beyond a sectoral revival, India’s chance to strengthen economic power & global influenceWith 95% of trade by volume moving by sea, domestic shipbuilding is crucial for energy security and trade leverage. Focusing on specialized...
- '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...
- Defence PSU Goa Shipyard to invest ₹1,500 crore in Andhra Pradesh greenfield facilityGoa Shipyard will invest ₹1,500 crore to build a new facility in Andhra Pradesh. This marks the company's first expansion outside Goa. The ...
- 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...
- Shipping industry’s $188 billion binge cuts space to make new vesselsThe surge is fueled by global trade expansion despite economic challenges. Major shipyards are full, prioritizing high-margin container and...
- L&T to invest $400 mn on expanding shipbuilding capacityL&T has lined up more than $400 million for expanding its ship-building capacity, especially for defence, by mid-2011.
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