India Aims for Global Top 10 in Shipbuilding by 2030
The Indian government is launching a shipbuilding incentive scheme to elevate India’s shipbuilding industry globally. By offering financial support until 2035, India aims to climb from 22nd to top 10 in shipbuilding by 2030, and top 5 by 2047. Focusing on sustainability, the scheme promotes green fuels and electric/hybrid systems, aligning with India’s maritime vision.