Prime Minister Narendra Modi has announced a major initiative to boost India’s shipping sector by developing Maintenance, Repair, and Operations (MRO) capabilities. The move aims to modernize maritime infrastructure and improve efficiency across the industry, positioning India as a stronger player in the global shipping arena.
The government plans to upgrade port infrastructure and build local MRO facilities, reducing the need for ships to travel overseas for repairs. This approach is expected to cut maintenance costs, shorten turnaround times, and support India’s wider push for self-reliance in key sectors. The development of MRO services is also likely to create jobs and foster skill development within the maritime workforce.
Additionally, localizing MRO capabilities could help India conserve foreign exchange by minimizing reliance on foreign service providers. Industry stakeholders believe these measures will enhance operational efficiency and bring long-term economic benefits to the sector.
While details regarding the implementation timeline and specific strategies are yet to be released, the announcement marks a significant step in the government’s efforts to strengthen India’s maritime industry. Further information on partnerships and the exact scope of the MRO initiative is expected in the coming months.
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