HD Hyundai Heavy Industries (HD HHI) is teaming up with India’s largest state-run shipyard to bid for a $9 billion naval shipbuilding program, marking a major step in its push to expand defense ...

UK-based global metals and engineering firm controlled by billionaire Sanjeev Gupta Liberty House Group is planning to buy-out India's debt-laden ABG Shipyard. According to a report in the Business ...

New Delhi: India is well-positioned to become a regional hub for maritime maintenance, repair, and overhaul (MRO) services, driven by strategic advantages in location, capability, and proven expertise ...

HD Hyundai has signed a strategic partnership with the Tamil Nadu state government regarding the establishment of a new shipyard in India. The Indian government is strategically pursuing the "Maritime ...

India's shipbuilding industry is growing rapidly as orders increase with government support. Analysts say Korean shipbuilders, which are struggling with high labor costs and a shortage of production ...

MDL's chairman announces plans for a mega shipyard in Maharashtra, aiming to boost employment and support India's shipbuilding ambitions.

WASHINGTON — German submarine builder ThyssenKrupp Marine Systems has signed a pact with Indian shipyard Mazagon Dock Shipbuilders Ltd. that would secure local manufacturing in the event the Indian ...

India signs tripartite agreement with global shipbuilding partners for the development of a mega greenfield shipyard at ...

Government Support: Policy initiatives like the Scheme for Financial Assistance to Shipyards in India (SFAS) and the focus on developing indigenous shipbuilding capabilities are propelling ...

MUMBAI, Oct 16 (Reuters) - Bharati Shipyard Ltd and unlisted Apeejay Shipping Ltd said on Tuesday they would invest 20 billion rupees in an equal joint venture to set up a modern shipbuilding yard ...