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India Anchors $8 Billion Maritime Investment Wave

India Anchors $8 Billion Maritime Investment Wave

Bhavnagar event sees MoUs signed for new ports, shipbuilding clusters, green transport, and financing partnerships. India’s maritime sector is poised for a transformative leap, with potential investments totalling ₹660 billion ($7.9 billion) inked at the recent ‘Samudra Se Samriddhi: Transforming India’s Maritime Sector’ event held on September 18 and 19 in Bhavnagar, Gujarat. According to...

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Cochin Shipyard Partners with HD Korea to Build Large Vessels, Invests Rs 18.7 Billion in Kochi Facility

Cochin Shipyard Partners with HD Korea to Build Large Vessels, Invests Rs 18.7 Billion in Kochi Facility

CSL also signed a second MoU with Guidance, Tamil Nadu’s nodal investment agency, to catalyse the development of shipbuilding clusters and strengthen regional maritime infrastructure. Cochin Shipyard Ltd (CSL), India’s largest shipbuilding and maintenance facility, has signed a strategic memorandum of understanding (MoU) with HD Korea Shipbuilding & Offshore Engineering to advance long-term collaboration in...