Shipbuilding Sector

Arctic-class shipbuilding talks set to advance during Putin's India visit

India and Russia are looking at a plan to jointly build Arctic-class ships, with the proposal expected to move forward during President Vladimir Putin's visit to New Delhi from December 4-5

Swan eyes ₹875 crore govt aid for Pipavav Shipyard expansion

Under the brownfield expansion programme of the scheme, existing shipyards can avail assistance of 25 per cent of the capital expenditure undertaken

India Maritime Week: Govt to soon release norms for shipping programmes

Guidelines to steer next phase of India's maritime ambitions

Govt developing ports as hubs for green hydrogen export, says Sonowal

Minister Sarbananda Sonowal says ports will anchor India's green hydrogen drive as MoUs worth over Rs 87,000 crore boost maritime and port-led energy investments

India to boost local fleet to achieve shipbuilding self-reliance: Sonowal

Sonowal said that in the past 11 years, India's port capacity has doubled from 1,350 million tonnes per annum (MTPA) to 2,700 MTPA

India's ₹70,000 cr bet on shipbuilding: Can it match China and Korea?

With nearly ₹70,000 cr in incentives, India eyes a bigger slice of the $150 bn global shipbuilding market

Shipbuilding dreams: Subsidies to help but shipyards must be competitive

Almost 90% of global cargo moves through the oceans with China, South Korea and Japan dominating the ship building industry aided by considerable support from their governments

Sagarmala NBFC to tap maritime development fund for up to ₹15,000 crore

The NBFC will tap into the MDF - one of the three pillars of the Rs 69,725 crore shipbuilding package - which was created as a financial umbrella for various areas

Smart tech brings sea change in shipbuilding as revival gathers pace

Artificial intelligence (AI) is another game-changer, used to optimise ship design, predict maintenance needs, and streamline production schedules

Analysts pick top stocks as Cabinet okays ₹69,700-cr shipbuilding package

Garden Reach Shipbuilders, Mazagaon Dock Shipbuilders, and Cochin Shipyard rallied up to 4 per cent today. Their share prices have jumped up to 68 per cent in 2025

India targets 5% share in global shipbuilding market by 2030, says MoS

Union minister Shantanu Thakur on Monday said the government has set a target of securing 5 per cent share of the global shipbuilding market by 2030 and developing 10 world-class shipyards with the support of public-private partnerships and international collaborations. India is moving towards becoming a global hub for sustainable shipbuilding, backed by policy reforms, technological innovation and strong industry-government collaboration, Thakur said, addressing via video conference the CII Conference in Goa on 'India's Shipbuilding Roadmap towards Maritime Amrit Kal Vision 2047'. "Shipbuilding is more than just an industry - it is a symbol of national strength and self-reliance. Our vision is to make India not just a participant, but a leader in sustainable shipbuilding, contributing to green growth, blue economy, and Atmanirbhar Bharat," the Minister of State for Ports, Shipping and Waterways said. "Our shipyard modernisation programme is ambitious yet achievable. We are targetin

Trump urges foreign firms to train US workers, vows to outdo their 'game'

Trump called on foreign companies to bring skilled experts to train Americans in semiconductors, shipbuilding and high-tech machinery, assuring investors of legal support for skilled migration

Govt committed to positioning India as shipbuilding hub: Shantanu Thakur

The Minister of State for Ports, Shipping and Waterways was speaking at the opening day of the 14th edition of the INMEX SMM India, hosted here by Informa Markets

Centre to introduce ₹2000 crore insurance support for shipbuilders

The ₹20,000 crore shipbuilding cluster programme aims to enable a shipbuilding ecosystem in India by fiscal and policy support measures

We are going to become world's no 1 economy by 2047: Sonowal at BS Infra

India will be world's no.1 economy by 2047, says Sarbananda Sonowal, citing port expansion, shipbuilding push, ₹11.2 trillion capex, and new maritime laws at BS Infra Summit

Cochin Shipyard shares rise 3% despite analyst caution; should you sell?

Antique Stock Broking said it expects Cochin Shipyard's revenue growth to slow in the coming quarters due to a stagnant order book

Mazagon Dock shares plunge 5% as Q1 profit drops; time to book profit?

Mazagon Dock shares fell 5 per cent after it reported a 35 per cent drop in its net profit during the first quarter of the current financial year

GRSE shares rise 5% on global maritime push; stock up 85% in 1 month

Garden Reach Shipbuilders & Engineers' shares rose 5% as the company continued signing strategic agreements with multinational companies

PSU stock zooms 194% from March low; outruns market for 4th straight month

Garden Reach Shipbuilders & Engineers (GRSE) shares hit a new high of ₹3,464.85, as they rallied 10 per cent on the BSE in Wednesday's intra-day trade amid heavy volumes.

What's behind the 157% surge in Garden Reach Shipbuilders from March low?

GRSE share price: In the past three weeks, the stock price of the state-owned shipbuilding company has surged 71 per cent after it reported strong earnings for the quarter ended March 2025