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Indian Shipbuilding Industry Positioned for Growth

Maritime Activity Reports, Inc.

February 2, 2011

According to a Feb. 2 report from the Machinist, a research study by Export-Import Bank of India (Exim Bank) assessed that the shipbuilding industry in the country has the potential to grow at a rate of more than 30%, and this rate of growth could be achieved through supportive measures by the government, including incentives for shipyards.

(Source: Machinist)

With the advent of fuel transition, digitalization, AI and autonomy, innovation in vessel design and operation proceeds at unprecedented speed.
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