India, Oct. 27 -- The Goa government seeks to develop the state as a hub for shipbuilding to protect the state's 40% market share in commercial shipbuilding and modernise the industry, chief minister Pramod Sawant said on Monday.

Speaking at a state session at the India Maritime Week underway in Mumbai, Sawant also said that the state was preparing a masterplan to make Goa a model for green passenger and cargo movement.

"We have set up the shipbuilding vision of 2037 to position Goa as a green, smart shipbuilding hub. A comprehensive shipbuilding policy will follow shortly. Goa's yards already delivered sophisticated vessels for India and global clients including fully electric and hybrid craft," Sawant said, according to a statement re...