Cochin Shipyard gets 40-ship order from US, Europe
State-owned Cochin Shipyard has been awarded orders to build over 40 ships from the US, Germany, Norway and other countries, announced Shipping Minister Sarbananda Sonowal during a press conference on Thursday. At the conference, Sonowal highlighted the Ministry of Ports, Shipping and Waterways' efforts to create a conducive environment for shipbuilding.
A significant majority of the shipbuilding orders being received are for Cochin Shipyard Limited (CSL) from foreign nations like Germany, America, and Norway. As of now, more than 40 ships have been ordered. A senior shipping ministry official revealed that Russian entities have also shown interest in collaborating with Indian shipyards, including Cochin Shipyard, to build ships in India.
Sonowal emphasized that the growing number of orders showcases India's growing credibility in shipbuilding, highlighting the country's capacity for quality production and skill development. During the 3rd Sagarmanthan - The Ocean Dialogue, Sonowal met with a Myanmar minister who reported that coastal shipping in Myanmar is thriving, with Sittwe Port in Myanmar operating smoothly. This was the reason behind his meeting with the minister.
Belgium has also expressed its interest in partnering with India to promote shipbuilding.
Written by urgent.news from The Economic Times's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
