New Delhi, Sept. 29 -- The Korean shipbuilder, Samsung Heavy Industries on Monday announced its entry into the Indian shipbuilding industry through a partnership with Swan Defense and Heavy Industries in Gujarat, enhancing its participation in India's state-led initiative to boost local shipbuilding.

As per a report by 'The Korea Herald' under this partnership, both the companies agreed to explore collaboration across a wide range of ocean projects, including engineering, procurement and management in shipbuilding.

SDHI, India's largest shipyard, accounts for 30 per cent of the country's shipbuilding capacity and operates the nation's largest dry dock, capable of constructing very large crude carriers and other maritime facilities.

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