Maritime Amrit Kaal Vision 2047 Shipbuilding Initiative
Sector: Government • Location: India
Source: Yonhap News Agency
The Indian government's Maritime Amrit Kaal Vision 2047 project aims to position India among the world's top five shipbuilding nations by increasing the number of commercial vessels from 1,500 to 2,500. The initiative includes a planned investment of US$24 billion, with an initial funding of $8 billion announced to support new vessel construction. HD Hyundai and India's state-owned Cochin Shipyard
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Participants
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Status
Original status | planned |
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Taiyo last update | 00-00-0000 |
Available timestamps | 00-00-0000 |
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Description
Description | The Indian government's Maritime Amrit Kaal Vision 2047 project aims to position India among the world's top five shipbuilding nations by increasing the number of commercial vessels from 1,500 to 2,500. The initiative includes a planned investment of US$24 billion, with an initial funding of $8 billion announced to support new vessel construction. HD Hyundai and India's state-owned Cochin Shipyard Ltd. have signed a partnership agreement to promote bilateral cooperation in shipbuilding as part of this initiative. |
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Original Currency | USD |
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Source
Source reliability | High |
Data quality score | 100% |
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URL | obfuscated_data,obfuscateddata.com |
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