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India partners with South Korea and Japan for shipbuilding investments and technology transfer, aiming to rise to top 10 by 2030 and top 5 by 2047.
India is working to enhance its shipbuilding industry by partnering with South Korea and Japan for investments and technology transfer.
Currently holding less than 1% of the global market, India aims to rise to the top 10 by 2030 and the top 5 by 2047.
The initiative is supported by a Rs 25,000 crore Maritime Development Fund and focuses on establishing shipbuilding clusters.
Additionally, India seeks to expand its ship recycling capabilities to strengthen its maritime ecosystem.
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India se asocia con Corea del Sur y Japón para inversiones en construcción naval y transferencia de tecnología, con el objetivo de alcanzar los 10 primeros para 2030 y los 5 primeros para 2047.