India to develop three mega shipbuilding clusters with ₹75,000 crore investment

The Government of India is set to unveil an ambitious plan to establish three mega shipbuilding clusters across the country, with an estimated investment of ₹75,000 crore. This initiative marks a significant leap forward in strengthening India’s maritime manufacturing capabilities and positioning the nation as a global leader in shipbuilding and repair.
Strategic Vision for Maritime Growth
According to government officials, five states are currently under consideration to host these clusters. Designed as integrated hubs, the facilities will cater to large-scale shipbuilding, ship repair, and allied industries, creating a robust ecosystem for maritime manufacturing. The overarching goal is to increase the share of Indian-built and flagged vessels in both domestic and international markets, reducing reliance on foreign shipyards.
Bringing Global Expertise to India
To ensure world-class quality and advanced technology adoption, India plans to partner with leading shipbuilding nations including Japan, South Korea, and Scandinavian countries. These regions bring decades of expertise in ship design, automation, and next-generation propulsion systems. Such collaborations are expected to introduce green and sustainable shipbuilding practices, ensuring India stays aligned with global trends in clean energy and eco-friendly shipping solutions.
Alignment with Maritime India Vision 2030
This initiative is a key part of the Maritime India Vision 2030, which outlines India’s long-term strategy to become a leading hub for shipbuilding and ship repair. By creating state-of-the-art infrastructure and tapping into global best practices, the government aims to make India more self-reliant while simultaneously enhancing its global competitiveness.
Economic and Employment Boost
Industry experts highlight that the creation of these clusters could generate thousands of direct and indirect jobs, spanning from engineering and design to logistics and supply chain services. Additionally, the move is expected to attract significant private and foreign investment, boosting India’s competitiveness in the global shipping industry at a time when demand for next-generation, clean-energy powered vessels is on the rise.
A New Era for Indian Shipbuilding
The ₹75,000 crore investment signals not just infrastructure development but also a strategic transformation of India’s maritime sector. By blending domestic strengths with international expertise, India is setting the stage to emerge as a powerhouse in the global shipbuilding industry.