ENA Sectors 2025-07-07 17:06:20 <p><span style="font-size:14px"><strong>New Delhi, Jul 7 (KNN)</strong> India has unveiled a bold plan to develop eight mega shipbuilding clusters along its coastline&mdash;with five new greenfield sites and three expansions of existing facilities&mdash;as part of its ambitious Atmanirbhar Bharat initiative.</span></p> <p><span style="font-size:14px">Union Shipping Secretary T.K. Ramachandran confirmed that all eight locations have been finalised, with land and approvals secured. </span></p> <p><span style="font-size:14px">Special Purpose Vehicles (SPVs) led by state governments will oversee these projects, complete with road and rail links, seaside infrastructure, and breakwater facilities.</span></p> <p><span style="font-size:14px">The five greenfield clusters will be established in Andhra Pradesh, Odisha, Tamil Nadu, Gujarat, and Maharashtra, offering a comprehensive maritime ecosystem that includes ship manufacturing, equipment production, vendor bases, bunkering facilities, insurance services, and ship leasing. </span></p> <p><span style="font-size:14px">Meanwhile, brownfield expansions will take place in Gujarats Vadinar (repair yard) and Kandla, and near Cochin Port in Kerala.</span></p> <p><span style="font-size:14px">These developments aim to lift Indias share of global shipbuilding&mdash;currently below 1%&mdash;aiming to be among the top 10 shipbuilding nations by 2030 and within the top 5 by 2047. </span></p> <p><span style="font-size:14px">Domestic fleet build content is expected to grow from approximately 5% today to 7% by 2030, eventually reaching 69% by 2047.</span></p> <p><span style="font-size:14px">Estimated investments total around Rs 2 trillion in infrastructure development over 5 6 years, contributing to a broader Rs 3 3.5 trillion Maritime India Vision 2030 which includes ports, shipping, and inland waterways.</span></p> <p><span style="font-size:14px">As part of its global engagement, Indian officials have toured shipbuilding hubs in South Korea, Japan, and Scandinavian countries to explore partnerships. Some tie-ups between Indian and foreign firms are expected to be announced soon.</span></p> <p><span style="font-size:14px"><em><strong>(KNN Bureau)</strong></em></span></p> 42720 https://knnindia.co.in/news/newsdetails/sectors/india-launches-eight-mega-shipbuilding-clusters-under-atmanirbhar-bharat 2025-07-07 17:06:20 knnindia.co.in