Cochin Shipyard shares were in focus after its subsidiary Hooghly Cochin Shipyard, secured an order valued between ₹100 cr and ₹250 cr.
Who’s involved: the order was placed by Heritage River Journeys Private Limited, which operates under the brand Antara river cruises.
The deets: the contract involves building two luxury river cruise vessels for deployment on the Brahmaputra. These vessels are intended to expand India’s premium inland waterway tourism and are expected to set new standards in luxury, safety, and sustainability.
Antara River Cruises is known for its immersive voyages along the Ganga, Padma and Brahmaputra river systems.
Zoom out: river cruising is emerging as one of the fastest-growing segments in tourism. The Cruise Bharat Mission, launched last year, aims to double cruise passenger traffic in five years, reinforcing India’s push to become a global river cruise destination.