Swan Defence and Heavy Industries Limited (SDHI), India’s largest shipbuilding and heavy fabrication company, has signed a landmark Memorandum of Understanding (MoU) with the Gujarat Maritime Board (GMB) for a strategic investment of ₹4,250 crore. This partnership aims to modernize shipyard infrastructure, strengthen domestic supply chains, and build a skilled talent pipeline for India’s maritime industry.
The investment will be deployed across three major projects at SDHI’s Pipavav Port shipyard in Gujarat, home to India’s largest dry dock capable of building vessels up to 400,000 DWT.
Key initiatives include a ₹3,500 crore capacity expansion project featuring enhanced slipways, jetties, cranes, block fabrication facilities, and dredging to meet both domestic and global shipbuilding demand. A ₹200 crore world-class Centre of Excellence (CoE) for Maritime will also be established, training over 1,000 youth annually. The CoE will feature smart classrooms, specialized labs, advanced simulators, and design software to foster innovation in ship design, construction, and retrofits.
Additionally, SDHI will develop a 200-acre Maritime Cluster with an investment of ₹550 crore. The cluster will serve as a hub for ancillary industries, suppliers, and service providers, driving efficiency, innovation, and growth while boosting the local economy and strengthening India’s global maritime trade presence.
This strategic collaboration aligns with India’s Maritime Amrit Kaal Vision 2047, positioning the country for global leadership in shipbuilding and maritime innovation.