Government to soon unveil new shipbuilding policy

Government to soon unveil new shipbuilding policy

The government will soon come out with a new shipbuilding, breaking and repair policy with an aim to double the size of the industry to Rs 20,000 crore by 2022.

A top government official said the new policy will have a special focus on building a niche capacity and positioning India as a manufacturing hub of LPG, LNG, cruise and chemical tanker ships, besides inland vessels. Read more

Credits:economictimes.indiatimes.com

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