business ๐ข India's big push in shipbuilding is heating up ๐ฅ
The maritime industry is seeing a boom in shipbuilding as nations focus on securing their supply chains. India is aiming to revive its legacy as a major shipbuilding power, according to an analysis in The Hindu. The national strategy, part of the Maritime Amrit Kaal Vision 2047, targets placing India among the top five global shipbuilding nations by 2047. The e-book dissects challenges, contrasting India's path with East Asian giants and detailing policies like the Ship Recycling Credit Note scheme. Public-sector yards like Mazagon Dock and Cochin Shipyard are shifting focus from defense to commercial orders.