INS Nistar, commissioned on 18 Jul 2025, is a shining example of India's self-reliance and progress towards achieving Aatmanirbharta in shipbuilding and has been able to achieve more than 80% indigenisation.
India's shipbuilding sector is at a historic inflection point, with bold government policies, rising global demand, and international partnerships positioning the country to emerge as a leading maritime power, according to S&P Global.
In a statement posted on Truth Social, Trump emphasised the need for the US to relearn advanced manufacturing skills, especially in industries like semiconductors, shipbuilding, and high-tech machinery, by learning directly from foreign companies that are making large-scale investments in
US Commerce Secretary Howard Lutnick said the new $550 billion trade deal with Japan will boost America's energy, chip, mining, and shipbuilding sectors, calling it a "game changer" under the America First trade agenda, with President Trump overseeing the investments.
India's shipbuilding industry is undergoing a transformational shift, as the Union Government under Prime Minister Narendra Modi accelerates efforts to build a world-class maritime ecosystem--paving the way for a Viksit Bharat by 2047, asserted Sarbananda Sonowal, the Union Minister of Ports
South Korea has reportedly pitched a multibillion-dollar initiative called Make American Shipbuilding Great Again (MASGA) to the United States, as Seoul aims to secure more favourable terms in the ongoing tariff negotiations with Washington, as reported by The Korea Herald.
As the deadline for US-Korea trade negotiations approaches on August 1, Seoul is making all efforts to finalise a tariff agreement with Washington, reports Korea Herald.
The summit aligns with the Maritime Amrit Kaal Vision (MAKV) 2047, which seeks to position India among the world's leading maritime powers by strengthening shipbuilding, port infrastructure and financial resilience.
The event was organised by the Warship Design Bureau and saw active participation from top government officials, naval leadership, industry stakeholders, and experts from the maritime and defence sectors.
The shipbuilding arm of HD Hyundai, HD Korea Shipbuilding & Offshore Engineering, signed a comprehensive memorandum of understanding with India's largest state-owned shipbuilder, Cochin Shipyard Limited (CSL), marking a major step in expanding its footprint in the world's most populous m
Designed and built entirely by GSL, 'Adamya' exemplifies India's growing shipbuilding capability and represents a major stride towards the nation's vision of Atmanirbhar Bharat (self-reliant India).
Chung Ki-sun, Executive Vice Chairman of HD Hyundai, emphasized the importance of this partnership, saying, "This collaboration marks the beginning of a true maritime alliance -- one that goes beyond talent exchange to sharing technologies and visions between Korea and the US."