New Delhi, Sep 27 (IANS) Union Minister of Ports, Shipping and Waterways Sarbananda Sonowal on Saturday said that India is eyeing an investment of around Rs 1.82 lakh crore in the shipbuilding and maritime sector, positioning the country to emerge among the world’s leading maritime nations.
The financial support will be extended to shipbuilders to construct vessels of all sizes, strengthening the country’s preparedness for future needs, the minister said.
Sonowal, in an interaction with NDTV Profit, underlined that the government’s goal is to place India among the global top five in shipbuilding by building an ecosystem from the ground up.
The minister emphasised the significance of supply chain resilience and stated that MSMEs will be essential to the expansion of the industry. Accordi