Cochin Shipyard to raise ₹6,000 cr for capex

Cochin Shipyard is set to invest ₹6,000 crore over the next five to six years. Funding will come from government schemes, multilateral loans, blue bonds, and internal accruals. This investment will support shipbuilding, ship repair, and other ventures. New contracts and a strong order pipeline are driving this expansion. The company is also exploring a […]

India Maritime Week 2025 has secured investment pledges totaling ₹12 lakh crore. A significant portion, nearly 20%, is earmarked for shipbuilding. This development supports India’s ambition to become a top global shipbuilding nation by 2047. These investments will boost port development, sustainability, and industrialization. Major players like DP World and Cochin Shipyard are part of […]

Cyprus offers to be India’s shipping partner in the Mediterranean. The nation is keen to join India-Middle East-Europe Economic Corridor projects. Cyprus boasts a large shipping fleet and a ‘One Stop Shipping Centre’. Its geostrategic location and energy sector growth attract global interest. India can leverage these advantages for mutual benefit.

India’s maritime sector holds the key to becoming a developed nation by 2047. Labour and Employment Minister Mansukh Mandaviya highlighted its potential for job creation and trade growth. He noted that 95 percent of India’s trade by volume moves by sea. The government is actively building an ecosystem for shipbuilding to revive India’s historical maritime […]

Indian shipbuilders are boosting local component sourcing. This aligns with the government’s ‘Make in India’ initiative for the maritime sector. Companies like Goa Shipyard and Mazagon Dock Shipbuilders aim for high localization. This strategy supports a significant package for the shipping industry. The focus is on strengthening domestic manufacturing capabilities for naval vessels and commercial […]