New Delhi, Feb. 17 -- India is set to cater to global demand for large ships, including very large crude carriers (VLCCs), container vessels, and Panamax vessels, according to Union minister for ports, shipping and waterways Sarbananda Sonowal.
Indian shipbuilders, through global tie-ups, including technology transfer and joint ventures, will cater to the global demand for large ships and are set to get more and more orders for these ships, which were never manufactured in the country before, he said while speaking about the Rs.25,000 crore shipbuilding scheme in an interview with Mint.
In October 2025, the Centre approved a Rs.70,000-crore shipbuilding and maritime development reform package built on four pillars.
The first is the Rs....
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.