
India to enhance shipbuilding industry for self-reliant maritime future.
The Indian government is prioritizing self-reliance in shipbuilding and repairs to bolster its maritime industry. With a target of tapping into a USD 237 billion opportunity by 2047, India aims to reduce its dependence on imports and strengthen its position in the global maritime market. This initiative aligns with the broader goal of fostering economic growth and creating more opportunities in the maritime sector.