The Hindu·3 min read·medium

Cochin Shipyard gets order to build 40 ships from U.S., Germany, Norway, other nations: Sonowal

P
PTI
Cochin Shipyard gets order to build 40 ships from U.S., Germany, Norway, other nations: Sonowal
✦AI Summary

Cochin Shipyard has secured orders to build over 40 ships for international clients, including the U.S., Germany, and Norway, according to Shipping Minister Sarbananda Sonowal. The government is actively promoting India as a global shipbuilding hub through improved infrastructure and international partnerships.

Why it matters

This growth in the shipbuilding sector signals a boost to India's manufacturing capabilities and its increasing role in the global maritime supply chain.

✦Dive DeeperCreate a free account to unlock

State-owned Cochin Shipyard has received orders to build over 40 ships from the U.S., Germany, Norway and other countries, Shipping Minister Sarbananda Sonowal said on Thursday.

Addressing a press conference in New Delhi, Mr. Sonowal said the Ministry of Ports, Shipping and Waterways is creating a comfortable ecosystem for shipbuilding.

"Most of the orders we are receiving for shipbuilding are for Cochin Shipyard Limited (CSL) from foreign countries like Germany, America, and Norway. So far, we have received orders for more than 40 ships," he said.

A senior Shipping Ministry official said that some Russian entities have also shown interest in building ships in India, in collaboration with Indian shipyards, including Cochin Shipyard.

The Minister said Indian shipbuilders are earning credibility globally.

Continue reading on Headlinne

Create a free account to read the full article.

Read full article →
businesseconomy
✦

Get smarter about the news

Sign up free for a feed built around what you actually care about, Dive Deeper research on any story, and the full text of every article.

Create free account

Already have an account? Sign in