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BusinessOct 16, 2025 03:33 PM

Centre's Rs 69,275 crore package poised to propel India's shipbuilding industry

Cochin Shipyard and Mazagon Dock signed MoUs with Tamil Nadu agencies to set up major shipbuilding complexes. Image: Pixabay | representational With the government announcing investments to the tune of Rs 69,725 crore for shipbuilding and maritime reform in India this year, the sector is entering a promising phase of growth. Shipbuilding, often termed the "mother of heavy engineering", plays a central role by generating employment, attracting investment, and strengthening national security and ...Read More >

LatestLY - Business - News Image
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BusinessOct 16, 2025 03:27 PM

Business News | India's Shipbuilding Sector Sets Sail for Global Leadership | LatestLY

New Delhi [India], October 16: India's shipbuilding industry is charting an ambitious new course -- from a modest player in global ship construction to a serious contender among the world's top five shipbuilding nations by 2047. Backed by bold government reforms, strategic investments, and strong advocacy from the Shipyards Association of India (SAI), the sector is entering what many call its most transformative phase yet. Also Read | OnePlus 15, OnePlus Ace 6 Launch Expected in China on Octobe ...Read More >

Asian News International (ANI) - Business - News Image
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24
BusinessOct 16, 2025 02:52 PM

India's Shipbuilding Sector Sets Sail for Global Leadership

PNN New Delhi [India], October 16: India's shipbuilding industry is charting an ambitious new course -- from a modest player in global ship construction to a serious contender among the world's top five shipbuilding nations by 2047. Backed by bold government reforms, strategic investments, and strong advocacy from the Shipyards Association of India (SAI), the sector is entering what many call its most transformative phase yet. A Sea of Opportunity Despite having one of the world's longest coa ...Read More >

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11
BusinessSep 30, 2025 12:10 AM

27 MoUs worth over ₹66,000 crore signed to boost India's maritime sector

"These MoUs are a testament to India's maritime resurgence. By fostering collaboration between states, industries and global partners, we are unlocking a new era of shipbuilding and port-led growth. This is not only about infrastructure, it is about creating jobs, empowering communities and establishing India as a leading maritime nation in the world," added Sonowal. A MoU Exchange Ceremony took place on the eve of the "Samudra Se Samriddhi - Transforming India's Maritime Sector" programme on S ...Read More >

Social News XYZ - Business - News Image
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BusinessSep 26, 2025 07:35 PM

India among top 3 global suppliers of seafarers with 3 lakh workforce: Sonowal

New Delhi, Sep 26 (SocialNews.XYZ) India's seafarer workforce has grown from 1.25 lakh a decade ago to over three lakh today, placing the country among the top three global suppliers of trained seafarers, Union Minister of Ports, Shipping and Waterways, Sarbananda Sonowal, said on Friday. This creates vast opportunities in navigation, ship operations, logistics, and allied maritime industries both in India and abroad, he added while addressing the 10th convocation of the Indian Maritime Univers ...Read More >

Abtak.com - Business - News Image
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24
BusinessSep 24, 2025 05:12 PM

Cabinet approves Rs 69,725 crore package to transform India's shipbuilding, maritime sector

The Union Cabinet, chaired by Prime Minister Narendra Modi, on Wednesday approved a comprehensive Rs 69,725 crore package to revitalize India's shipbuilding and maritime ecosystem. The initiative introduces a four-pillar strategy aimed at strengthening domestic capacity, improving long-term financing, promoting greenfield and brownfield shipyard development, enhancing technical capabilities and skilling, and implementing legal, taxation, and policy reforms to create robust maritime infrastructu ...Read More >

NewsDrum - Business - News Image
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29
BusinessSep 02, 2025 12:03 PM

Swan Defence, IMU join hands to set up Centres of Excellence in shipbuilding

Mumbai, Sep 2 (PTI) Shipbuilding and heavy fabrication firm Swan Defence and Heavy Industries Ltd (SDHI) on Tuesday said it has signed an initial pact with the Indian Maritime University for launching Centres of Excellence. The partnership will set up and develop these specialised centres, covering training, research and innovation in shipbuilding and naval architecture at the SDHI shipyard and Indian Maritime University (IMU) campuses to prepare the next generation of professionals for career ...Read More >

Northern Ireland News - Business - News Image
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BusinessJun 08, 2025 01:11 AM

New Delhi [India], June 7 (ANI): Union Minister of Ports, Shipping and Waterways Sarbananda Sonowal interacted with students of the prestigious Blue MBA Executive Programme at the Copenhagen Business School (CBS) on Saturday. The session spotlighted India's robust economic trajectory, expanding investment opportunities, and the country's efforts to harmonise economic growth with ecological responsibility. Sonowal also became the first Minister from India to visit the prestigious business schoo ...Read More >

The Times of India - Other Health Politics Business Sports Technology - News Image
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Gurugram Bombing: Goldy Brar & 4 Others Charged - News Directory 3

The National Investigation Agency (NIA) has charged five individuals, including goldy Brar, in relation to the 2024 Gurugram club bombing plot, as revealed⁢ in a recently filed chargesheet. This case involves a conspiracy to bomb two clubs, aiming to disrupt communal harmony in Haryana, with the banned terrorist group Babbar Khalsa International (BKI) implicated. The NIA's investigation highlights the severity of⁢ the plot. Those charged include satinderjit Singh (Goldy Brar), Sachin⁣ Talian, An ...Read More >

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