Shipyard Industry
Shipbuilding
India’s Defense shipbuilding requirement is increasing due to the fact that the
majority of the existing fleet needs replacement and the current geo-political
atmosphere requires a larger naval fleet for defending India’s interests. The use of
indigenous components has been steadily increasing in ships built in India and the
availability of cheaper skilled manpower provides a competitive edge in commercial
shipbuilding.
Ship Repair
The number of ships calling in the coast of India is expected to double due to
port/trade capacity increase resulting in a huge demand for repairs of ships.
Currently all the ships calling in East Coast of India travel to foreign shores for
carrying out their mandatory repairs as required by the classification societies.
Our plan is to develop a modern shipyard in collaboration with foreign
shipyards in strategic location in East Coast of India.
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