"With over Rs 2.3 trillion of projects in various stages of execution or approval, the sector enjoys multi-year visibility across high-value platforms, including destroyers, frigates, corvettes, submarines, fleet-support ships, and aircraft carriers," the report said.
In a major boost to Tamil Nadu's industrial landscape, two Central Government Public Sector Undertakings (PSUs) -- Cochin Shipyard Ltd and Mazagon Dock Shipbuilders Ltd -- are set to invest a combined Rs 30,000 crore to establish state-of-the-art Greenfield commercial shipyards in the state.
New Delhi [India], May 22: IIT Alumni Council to act as sponsor and knowledge partner to co-create a green-shipping-focused research institute and university. The institute would be a part of the shipbuilding megacity being created on the Indian coast. This greenfield facility will cater to
In a unified statement, Chairman John Moolenaar and Ranking Member Raja Krishnamoorthi conveyed their optimism about the USTR's choice to finally address Beijing's extensive use of subsidies and state-run companies to gain control over global shipbuilding and maritime logistics, as per a rel
Seoul [South Korea], June 17 (ANI/Global Economic): Korean shipbuilding industry has taken No 1 again in the global shipbuilding industry last month. In particular, the contracted orders were more than China's and Japan's combined.