May23 , 2026

    India to develop three mega shipbuilding clusters with ₹75,000 crore investment

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    The government is set to launch an ambitious plan to establish three mega shipbuilding clusters across the country with an estimated investment of ₹75,000 crore, as part of efforts to strengthen India’s maritime manufacturing capabilities.

    According to officials, five states are in contention to host the clusters, which are envisioned as integrated hubs for large-scale shipbuilding, repair, and allied industries. The initiative aims to significantly raise the share of Indian-built and flagged vessels in the domestic and global markets, reducing reliance on foreign yards.

    To bring global best practices and advanced technology, India is expected to rope in leading international partners from Japan, South Korea, and Scandinavia — regions with long-standing expertise in ship design, automation, and green propulsion systems.

    The upcoming clusters are also aligned with the government’s broader maritime vision to transform India into a leading shipbuilding and ship-repair hub, in line with the goals of Maritime India Vision 2030.

    Industry experts say the move could not only create thousands of jobs but also boost India’s competitiveness in global shipping, particularly as demand rises for next-generation vessels powered by clean energy.

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