What does the global shipbuilding industry look like, and where is India? – Business Standard

The global shipbuilding industry is a thriving sector with countries all over the world participating in the construction of ships. India, with its rich maritime history, is also a significant player in this industry.

Shipbuilding involves the construction of various types of ships, including cargo vessels, tankers, and passenger ships. The industry is known for its high level of technology and skilled workforce.

India has a long-standing tradition of shipbuilding, dating back to ancient times. Today, the country has a number of shipyards that are involved in the construction of ships for both domestic and international markets.

Indian shipyards are known for their expertise in building a wide range of vessels, from small fishing boats to large container ships. The industry in India is also known for its cost-effectiveness and timely delivery of projects.

Overall, the global shipbuilding industry is a dynamic and competitive sector, with India playing a significant role in the construction of ships for various purposes. With its strong maritime heritage and skilled workforce, India is well-positioned to continue its growth in this industry.