India focussing on shipbuilding in the country : MoPSW Secretary
THOOTHUKUDI : India, which is creating massive infrastructure to become world’s third largest economy in near future, is keen on building ships and creating all allied facilities in the country as part of its quest for becoming maritime leader by 2030, Secretary of Shipping, Port and Waterways T.K. Ramachandran has said.
“This ambitious initiative aims to consolidate shipbuilding capabilities across regions, fostering greater efficiency and innovation. By integrating resources and expertise from various states, the park is set to become a key hub for the maritime sector, driving growth and reinforcing India’s position on the global shipbuilding stage,” MoPSW said in a statement.
“We are actively working on creating an ecosystem here to transform India into a centre of gamut of shipping industry facilities in the country, including building, repairing, flagging and arbitration, instead of relying upon others,” Mr. Ramachandran said at a function organised at V.O. Chidambaranar Port Authority, where the 9th berth has been converted into Tuticorin International Container Terminal and dedicated to the nation on Monday.
“States are also awaiting developments from the Union front on getting a major global shipyard to invest in the country. This will be a challenge, but once it is achieved, several states and investors are likely to follow suit and things will move much faster,” an official said.