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Samsung Heavy Industries partners with India’s Swan Defence to boost shipbuilding and offshore engineering in India.
Samsung Heavy Industries has partnered with India’s Swan Defence and Heavy Industries to expand shipbuilding and offshore engineering in India, focusing on engineering, procurement, and project management.
The deal, formalized through a memorandum of understanding, leverages Swan’s large dry dock and 30% of India’s shipbuilding capacity.
The collaboration supports India’s goal to become a top-five global shipbuilder by 2030, backed by a Rs 1.82 lakh crore investment and reforms in the 2025 Union Budget.
The move aligns with India’s Maritime India Vision 2030 and Amrit Kaal roadmap, driven by Prime Minister Narendra Modi’s vision.
It follows Samsung’s recent alliance with the U.S.-based Vigor Marine Group, marking a strategic expansion into India’s growing maritime sector.
Samsung Heavy Industries se asocia con Swan Defence de India para impulsar la construcción naval y la ingeniería en alta mar en la India.