Industry News

India aims to become one of top five shipbuilding nations in ten years

Views : 293
Update time : 2023-10-23 15:05:53
India’s Prime Minister Narendra Modi at the Global Maritime Summit in Mumbai said that India is aiming to become one of the top five shipbuilding nations in ten years. Modi also indicated that INS Vikrant, the first carrier built in India, showed India’s shipbuilding capacity. In the past ten years, the capacity of India’s major ports has doubled, and turnaround time for big vessels has decreased from 42 hours in 2014 to below 24 hours.
Related News
Read More >>
Rising oil prices pressure Vietnam’s inflation control targets Rising oil prices pressure Vietnam’s inflation control targets
Mar .24.2026
Rising oil prices pressure Vietnam’s inflation control targets
South Africa raises AD duties on structural steel from China & Thailand South Africa raises AD duties on structural steel from China & Thailand
Mar .24.2026
South Africa raises AD duties on structural steel from China & Thailand
Rise and fall in LME aluminium: cash climbs to $3,329/t, stocks slip nearly 1% Rise and fall in LME aluminium: cash climbs to $3,329/t, stocks slip nearly 1%
Mar .24.2026
Rise and fall in LME aluminium: cash climbs to $3,329/t, stocks slip nearly 1%
Macro geopolitical risks have yet to subside, and aluminium prices have maintained a fluctuating pattern Macro geopolitical risks have yet to subside, and aluminium prices have maintained a fluctuating pattern
Mar .24.2026
Macro geopolitical risks have yet to subside, and aluminium prices have maintained a fluctuating pattern