Government Implements Strategy to Boost Shipbuilding Sector

01 Oct 2024 CW Team

The Indian government is actively pursuing a comprehensive strategy to invigorate the shipbuilding sector, which is vital for enhancing the country's maritime capabilities. This initiative focuses on several key areas, including policy reforms, financial incentives, and technological advancements. By streamlining regulations and providing support for domestic shipyards, the government aims to reduce reliance on foreign vessels and promote indigenous manufacturing.

Additionally, the strategy seeks to improve workforce training and development, ensuring a skilled labor force to meet the demands of modern shipbuilding. Collaboration with private players and stakeholders will also play a crucial role in this initiative, fostering innovation and enhancing production efficiency.

Through these efforts, the government envisions a robust shipbuilding ecosystem that not only meets national needs but also positions India as a competitive player in the global maritime industry. As part of this plan, there is an emphasis on sustainability, aiming to incorporate eco-friendly practices in ship design and construction.

This strategic push reflects the government's commitment to elevating the shipbuilding sector, which is seen as integral to India's economic growth and maritime security. As a result, stakeholders across the industry are optimistic about the potential benefits of this initiative, anticipating increased investments and job creation.

Infrastructure Transport

16 Sep 2025

Metro Line 2B Phase 1 to Boost Realty in Mumbai’s Eastern Suburbs

Mumbai’s real estate sector is set for a major boost as Phase 1 of Metro Line 2B, between Mandale and Diamond Garden, nears completion. The Mumbai Metropolitan Region Development Authority (MMRDA) has confirmed that mandatory rectifications are done, and inspections by the Commissioner of Metro Railway Safety (CMRS) have been carried out. The 5.39-km stretch with five stations forms part of the larger DN Nagar–Mandale corridor, designed to ease congestion and improve east–west connectivity. Passenger operations are expected by December 2025, with the full line slated for 2027. ..

WattPower wins Best Inverter award at Global Solar Expo 2025

WattPower, a leading renewable energy solutions provider, has won the award for “Best Inverter in the Utility Segment” at the Global Solar Expo 2025. The recognition underscores the company’s commitment to delivering reliable, high-performance and future-ready solar solutions for large-scale projects. At the forefront of utility-scale solar, WattPower manufactures advanced string inverters that directly feed power into the Indian grid. With robust technology, high-quality components and comprehensive product lifecycle support, its solutions stand among the most sophisticated in the ..

Awfis delivers 67,000 sq. ft. innovation hub for eBay in Bengaluru

Awfis Space Solutions, India’s largest flexible workspace provider and the first publicly listed workspace solutions platform, has partnered with eBay to establish a 67,000 sq. ft. innovation hub at Embassy Tech Village, Bengaluru. The mandate covers design, build and management of the new office, which will act as a strategic hub supporting diverse functions and accelerating eBay’s AI-first commerce strategy. The centre will focus on artificial intelligence, engineering, product development and applied research, strengthening eBay’s growth in India. Embassy Tech Village, North Beng..