India plans 8 mega clusters to revolutionise shipbuilding industry

India plans to establish eight major shipbuilding clusters along its coast, including five new greenfield sites and three expansions of existing facilities, to strengthen its domestic maritime manufacturing sector. All state governments have formed special purpose vehicles to implement the project with identified land parcels, and work on supporting infrastructure like roads, rail, and seaside facilities is already underway. The greenfield clusters will be set up in Andhra Pradesh, Odisha, Tamil Nadu, Gujarat and Maharashtra. These will integrate ship manufacturing, component supply, insurance, leasing and bunkering services. Three brownfield upgrades are also planned: in Vadinar and Kandla (Gujarat) and near Cochin Port (Kerala). Officials are pursuing global partnerships, including with firms in South Korea, Japan and Scandinavia. The around Rs 2 lakh crore investment plan will unfold over 5-6 years, as per a report.

 

 

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