India and Norway Deepen Ties in Maritime and Green Energy Sectors

PM Modi Sets Ambitious 25% Shipbuilding Goal in Norway

During the Norway-India Business and Research Summit, Prime Minister Narendra Modi announced ambitious incentives to enhance India’s manufacturing capabilities, particularly in shipbuilding. He aims to increase India’s share of Norway’s ship construction from 10% to 25% in five years, promoting green initiatives and attracting global investment in strategic manufacturing.

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