India to build 24 cargo ships for Russia
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India to build 24 cargo ships for Russia

India is reportedly in a deal to build 24 river-sea class cargo ships for Russia by 2027 as Russia continues to seek new outlets to support its struggling shipbuilding industry. With Russia facing ec...

India is reportedly in a deal to build 24 river-sea class cargo ships for Russia by 2027 as Russia continues to seek new outlets to support its struggling shipbuilding industry. With Russia facing economic sanctions due to the ongoing war in Ukraine, its shipbuilding sector has taken a major hit, forcing Russia to seek partnerships with other shipbuilding nations to keep up with ship orders. This deal comes months after India and Russia said they were working to conclude an agreement on shipbuilding and ship repair.

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