Kochi Gears Up for Shipbuilding Bonanza with Rs 4000 Crore Boost

18 Jan 2024 CW Team

Sonowal, Minister for Ports, Shipping, and Waterways, highlighted three key projects: the New Dry Dock (NOD), the International Ship Repair Facility (ISRF) of Cochin Shipyard Limited (CSL), and the Indian Oil Corporation Limited's LPG Import Terminal. These endeavors, he asserted, will not only bolster India's maritime prominence but also generate jobs and empower small businesses, embodying the Prime Minister's vision of "Sabka Saath, Sabka Vikaas" (Together for Everyone's Development).

New Dry Dock: Engineering Prowess on Display

The New Dry Dock, constructed at a cost of Rs 1,799 crore within the existing CSL premises, stands as a testament to India's engineering expertise and project management capabilities. One of the largest marine infrastructure projects in the region, it incorporates cutting-edge technology to ensure efficiency, safety, and environmental sustainability.

ISRF: Transforming Kochi into a Global Ship Repair Hub

Spread across 42 acres of leased land at Willingdon Island, the Rs 970 crore ISRF project aims to modernize and expand CSL's repair facilities. This initiative aspires to catapult Kochi into a global hub for ship repair, aligning with the Prime Minister's vision of establishing similar clusters across India.

LPG Import Terminal: Fueling Growth and Prosperity

Boasting a state-of-the-art infrastructure and built at an investment of Rs 1,236 crore, the Indian Oil's LPG Import Terminal at Puthuvypeen promises to significantly enhance India's energy security. The project guarantees a steady supply of LPG, benefiting millions of households and businesses in the region. Moreover, it reinforces India's commitment to making affordable and accessible energy a reality for all.

Prime Minister Modi's inauguration of these projects symbolizes a new chapter for Kochi and India's maritime sector. With its focus on job creation, infrastructure development, and energy security, this Rs 4000 crore investment is poised to drive economic growth and prosperity in the region for years to come.

Kerala's bustling port city is poised to become a major center for ship repair and shipbuilding, thanks to a slew of projects worth Rs 4000 crore unveiled by Union Minister Sarbananda Sonowal. The announcement comes ahead of Prime Minister Narendra Modi's two-day visit to the state, where he will officially inaugurate the initiatives. Sonowal, Minister for Ports, Shipping, and Waterways, highlighted three key projects: the New Dry Dock (NOD), the International Ship Repair Facility (ISRF) of Cochin Shipyard Limited (CSL), and the Indian Oil Corporation Limited's LPG Import Terminal. These endeavors, he asserted, will not only bolster India's maritime prominence but also generate jobs and empower small businesses, embodying the Prime Minister's vision of Sabka Saath, Sabka Vikaas (Together for Everyone's Development). New Dry Dock: Engineering Prowess on Display The New Dry Dock, constructed at a cost of Rs 1,799 crore within the existing CSL premises, stands as a testament to India's engineering expertise and project management capabilities. One of the largest marine infrastructure projects in the region, it incorporates cutting-edge technology to ensure efficiency, safety, and environmental sustainability. ISRF: Transforming Kochi into a Global Ship Repair Hub Spread across 42 acres of leased land at Willingdon Island, the Rs 970 crore ISRF project aims to modernize and expand CSL's repair facilities. This initiative aspires to catapult Kochi into a global hub for ship repair, aligning with the Prime Minister's vision of establishing similar clusters across India. LPG Import Terminal: Fueling Growth and Prosperity Boasting a state-of-the-art infrastructure and built at an investment of Rs 1,236 crore, the Indian Oil's LPG Import Terminal at Puthuvypeen promises to significantly enhance India's energy security. The project guarantees a steady supply of LPG, benefiting millions of households and businesses in the region. Moreover, it reinforces India's commitment to making affordable and accessible energy a reality for all. Prime Minister Modi's inauguration of these projects symbolizes a new chapter for Kochi and India's maritime sector. With its focus on job creation, infrastructure development, and energy security, this Rs 4000 crore investment is poised to drive economic growth and prosperity in the region for years to come.

Resources

09 Mar 2026

Haworth India Hosts Women’s Leadership Panel Series

Haworth India marked International Women’s Day by hosting a leadership roundtable series titled ‘Give to Gain’, bringing together senior women leaders from architecture and design firms, corporates and project management consultancies. The series has been conducted in Delhi and Mumbai, with upcoming sessions scheduled in Bengaluru and Hyderabad on 27 March 2026. Structured as moderated panel discussions followed by audience interaction, the initiative examined the business impact of women’s leadership and the role of inclusive workplaces in supporting professional growth. Manish Khan..

Real Estate

09 Mar 2026

Max Estates Secures RERA For Max One Project

Max Estates has secured RERA approval (UPRERA No.: UPRERAPRJ9759) for its Max One development around Max Towers in Sector 16B, Noida, bringing renewed progress to a project previously stalled following the insolvency of its earlier developer. Spread across around 10 acres with an estimated development potential of about 2.5 million sq ft, Max One is planned as an integrated mixed-use campus combining serviced residences, premium offices, retail spaces and a private club. The project is expected to generate total sales potential of about Rs 20 billion along with an estimated annuity rental inc..

Real Estate

09 Mar 2026

Hindware Introduces Starc Smart Wall Mount Toilet

Hindware has introduced the Starc Smart Wall-Mount Toilet under its Hindware Italian Collection, designed to combine automation, hygiene and contemporary bathroom aesthetics. The model features automatic flushing, sensor-based seat opening and closing, and remote-controlled functions. It also includes an oscillating water spray and warm air dryer for cleaning, along with a self-cleaning nozzle designed to maintain hygiene. Additional features include adjustable heated seating, customisable water temperature and pressure settings, a foot-touch flush system and an LCD control interface. The wa..