India Set to Secure a 5% Share in Global Shipbuilding by 2030
India is poised to become a major global shipbuilding hub, targeting a 5% market share by 2030. Union Minister Shantanu Thakur outlined a strategy focusing on ten advanced shipyards through public-private partnerships, emphasizing eco-friendly practices, technological innovation, and infrastructure enhancements to support maritime self-reliance and sustainable growth.