India to introduce new shipbuilding policy for Union Cabinet approval
The policy is also expected to address environmental concerns by promoting the use of green technologies and sustainable practices within the shipbuilding industry.
Stay updated with the latest news and articles about shipbuilding industry.
The policy is also expected to address environmental concerns by promoting the use of green technologies and sustainable practices within the shipbuilding industry.
The shipyard, located in Pipavav, Gujarat, had been inactive due to various operational and financial challenges. However, with new investments and strategic management changes, Pipavav Shipyard is now prepared to reengage in shipbuilding and repair activities.
The Indian government has implemented a series of measures to bolster the shipbuilding industry, recognizing its potential to significantly contribute to economic growth and job creation.