Newsletter
Garden Reach Shipbuilders & Engineers has signed an MoU with Hindustan Shipyard to partner up and jointly take on a large, strategically important national shipbuilding project.
The deets: the partnership will focus on building advanced ships, strengthening India’s shipbuilding capacity, and maritime infrastructure.
By combining the strengths of two major public shipbuilders, the tie-up aims to boost local manufacturing and reduce India’s dependence on foreign shipyards.
Big theme: this comes as the Centre has sharply raised spending on ports, shipping, and waterways to ₹5,164.8 crore, a 48% jump over FY26 signalling strong policy support for the sector.
Besides, schemes like India’s Maritime India Vision 2030 and The Amrit Kaal Vision 2047 also builds on this plan, focusing on world-class ports, inland waterways, coastal shipping, and a greener maritime ecosystem.
