India's Shipping Surge: Building 112 Vessels to Save Billions
Published on: Oct. 6, 2025, 11:07 p.m. | Source: Devdiscourse
Union Shipping Minister Sarbananda Sonowal announced the construction of 112 vessels in partnership with oil PSUs, saving USD 350 billion by 2047. This initiative supports India's maritime growth, backed by new policies and funding schemes to enhance shipbuilding and competitiveness, while promoting self-reliance.
