Indian Shipbuilding Industry : News & Updates
- Thread starter Tatvamasi
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Why indian shipyards can not able to export any of the corvetts, frigates ?? Th one we export is OPV, that too on line of credit.
There are many markets like Indonesia or Phillipines or Romania and some GCC counties.
Our defence export is very less compared to countries like turkey.
I think major reason is that they don't get to manufacture such vessels for IN itself.
Our government shipyads are babu run. I don't have any hopes from them.
In private, we have only L&T and swan.
L&T shipyard hasn't made lot of big vessels. They used to make vessels for ICG, now they have been given contract to build MPV, that only two ships.
Swan recently received an order to export training ship to Oman.
Main problem is IN is not giving contracts to these shipyards. Ideally NGMV, Shachi class and NGC should have been given to private shipyads. But all were given to public shipyards. If private shipyards would have received these orders, their design teams could have modified these ships further and offered it to other nations.
Maersk in talks to build more small ships in India
Maersk Shipbuilding In India: The integrated shipping and logistics giant said it will be keen to build large ships also in India when the local shipbuilding industry overcome drydock limitations.
EVALUATING THE INDIA–ROK THOOTHUKUDI GREENFIELD SHIPYARD MOU - National Maritime Foundation
Keywords: India–Republic of Korea Relations; Shipbuilding; VOYAGES Framework; Thoothukudi Greenfield Shipyard; Maritime Amrit Kaal Vision 2047; Technology Transfer; National Shipbuilding Mission; Maritime Industrial Cooperation. The India–ROK relationship has often been characterised as sporadic...
maritimeindia.org
Maersk places fresh order for 1,000 India-made shipping containers
Union minister Sarbananda Sonowal unveiled the first India-manufactured EXIM shipping container for Maersk in Dadri. The event also saw Maersk place an additional order for 1,000 containers, signalling a longer-term manufacturing partnership in India.
Global shipping giant Maersk has placed an order for 1,000 India-manufactured shipping containers, the government said. The development was announced as Union Minister of Ports, Shipping and Waterways, Sarbananda Sonowal, unveiled the first export-import (EXIM) shipping container manufactured in India for the company at the Maersk-CONCOR Inland Container Depot in Uttar Pradesh's Dadri on Friday, July 3.
"Marking a strong vote of confidence in India's emerging container manufacturing ecosystem, Maersk also placed an order for 1,000 additional India-manufactured shipping containers with DCM Shriram Group during the event," the Union Ministry of Ports, Shipping and Waterways said in an official release.
It asserted that the bulk order marks the beginning of a long-term commercial partnership that is expected to strengthen India's position in the global maritime value chain.
The development builds on Prime Minister Narendra Modi's interaction with Robert Maersk Uggla, Chairman of the Supervisory Board of AP Moller–Maersk, in February 2025, the ministry noted.
During the meeting, he had encouraged the company to support the development of world-class container manufacturing in India, it added.
"Within just sixteen months, that vision has culminated in the successful rollout of the country's first internationally procured, India-manufactured EXIM shipping container, demonstrating the Government's ability to translate strategic intent into timely execution," the ministry stated.
Speaking at the unveiling ceremony, Sonowal said that India is rapidly emerging as a trusted global manufacturing and maritime powerhouse under the leadership of PM Modi.
"The unveiling of the first India-manufactured EXIM shipping container for a leading global shipping line is a defining milestone in our journey towards Atmanirbhar Bharat. It reflects the growing confidence of global industry in India's manufacturing capabilities and our commitment to building world-class maritime infrastructure," he said.
This is hilarious. These PSUs are acting surprised that people want more competent private companies over them. LMAO.
Another Strategic Project Slips Away? Mazagon Dock Eyes Andhra's ₹29,253 Crore Shipbuilding Cluster After TN MoU - The Commune
The latest example is the proposed mega shipbuilding cluster at Dugarajapatnam in Andhra Pradesh's Tirupati district. According to reports, state-ownedthecommunemag.com
HD Hyundai to Build Fully Integrated Shipyard in India’s Thoothukudi with $4B Investment & Controlling Stake - iMarine
HD Hyundai to Build Fully Integrated Shipyard in India’s Thoothukudi with $4B Investment & Controlling Stake
www.imarinenews.com
HD Hyundai to go solo on $4 billion greenfield shipyard in Tamil Nadu
$4 Billion Shipyard Investment: HD Hyundai plans to establish a $4 billion greenfield shipyard in Thoothukudi, Tamil Nadu, aiming for a production capacity of 4 million gross tonnage per year, significantly impacting India's shipbuilding ambitions by 2030 and 2047.
Anyone with a working brain will show the door to MDL when such a huge investment from a premier global shipbuilder is coming in. HD Hyundai is an anchor investor. Its bringing a whole host of other companies along with it. $4 billion greenfield shipyard with 3.5 to 4 million gross tonnage (GT) of capacity.
MDL is a joke compared to this. MDL needed an Italian shipyard to tech them how to do modular construction. These PSU shipyards cannot innovate/improve.
I would say, we need to privatize some of our PSU shipyards, many industrialist would like to buy like adani or L&T.This is hilarious. These PSUs are acting surprised that people want more competent private companies over them. LMAO.
HD Hyundai to Build Fully Integrated Shipyard in India’s Thoothukudi with $4B Investment & Controlling Stake - iMarine
HD Hyundai to Build Fully Integrated Shipyard in India’s Thoothukudi with $4B Investment & Controlling Stake
HD Hyundai to go solo on $4 billion greenfield shipyard in Tamil Nadu
$4 Billion Shipyard Investment: HD Hyundai plans to establish a $4 billion greenfield shipyard in Thoothukudi, Tamil Nadu, aiming for a production capacity of 4 million gross tonnage per year, significantly impacting India's shipbuilding ambitions by 2030 and 2047.infra.economictimes.indiatimes.com
Anyone with a working brain will show the door to MDL when such a huge investment from a premier global shipbuilder is coming in. HD Hyundai is an anchor investor. Its bringing a whole host of other companies along with it. $4 billion greenfield shipyard with 3.5 to 4 million gross tonnage (GT) of capacity.
MDL is a joke compared to this. MDL needed an Italian shipyard to tech them how to do modular construction. These PSU shipyards cannot innovate/improve.
No. Dont privatize the existing shipyards. This is the same exact bullshit the UK did and they've been suffering ever since. What you need to do is allow the private companies to establish their own shipyards by easing rules and restrictions. Privatising PSUs is never always the solution.
Why don't you explain why it didn't work instead of directly providing a solution. Only then can we judge if it applies to us.
But private players will take over a decade to get to a good level of shipyard and then they will crush the PSU to bottom.
We will loose money(PSU going down) and time.
So why not sell shipyards to private, earn money and save a decade.
And for Britain, from my info, its because they have very little order and becoming less profitable.
Private entity can not run on losses or without work, if no work or no money so no private entity will exist.
Our enemy is china, our economy is also growing good enough.
If we can continuously give orders to private shipyards, then they will be far better than PSU.
PSU is only needed when the sector is very less profitable and many times nagative profit with no work.
Shipbuilding is a inherently relatively low profit buissness unless you do it at massive scale. Its need massive capital investment to happen. Private players in the UK refused to continually upgrade their infra because their scale of shipbuilding was far tooo small to provide them with large scale profits.
In 1977 the Uk nationalized all its 27 shipyards under one banner so that the highly profitable warship yards could subsidize the commercial ones. But In 1983 thatcher dismantled it and tried to sell them off. The relatively profitable warship yards were sold away while all merchant yards struggled to get sold and one by ne had to be closed simply because they were completely decoupled from their subsidizer.
There was a clear lack of long term investment policies by the private companies where they chased after short term gains in warship yards while completely ignoring merchant building.
In 1987 the thatcher gov sold away its royal dockyards in in Devonport and rosyth which was where most of the fleet maintenance and upkeep etc were done. One they did sell it, it caused a massive monopoly over time where a single company controlled almost everything and unlike a state ownded entity private yards went after large profits which astronomically increased price and also wait times as they cut labour to decrease costs. It also led to massive delays.
Because of the massive cost increased the British navy could not afford to buy large classes of destroyers anymore which led to the loss of skilled labour as they shifted somewhere else with their skills.
Take the type 45 program - 12 planned but only 6 built because of stupidly high cost for what that ship provided in capability.
It was precisely because they chased after the effeciency of private firms(who prioritize profits)(and I'm sure got a lot of money personally from companies for selling yards as well) that the UK shipbuilding scene is where it is at today.
Now, how much is it relevant to us? The reason it didnt work in UK is lack of competition. Which is not the case in india.
What you didn't mention is the extreme competition in civil shipping from Korea and Japan. Its simply not possible to be a player in this without huge scale. It has nothing to do with its privatisation.
In naval shipbuilding, they failed to maintain competitiveness between shipyards, which led to a monopoly. It's not a failure of privatization; the government failed at their job. Another caveat is that the end of the Cold War shrank the market size dramatically. Thus the consolidation.
None of the reasons matter to our case if we can capture some part of the civil shipbuilding. Today, the navy and coast guard can barely support the current number of shipyards with constant orders. Navy is paying a premium because there is no real competition and price discovery. We are not efficient enough to be a player in the export market. There is a clear case to divest from most of the defense shipyards. I believe that will be the next step when there are enough new players in civilian shipbuilding.