India’s Ambition to Challenge Global Shipbuilding Giants

India is striving to establish itself as a major player in the shipbuilding industry, seeking to enhance its resilience and strategic independence in response to China’s rapid rise as a global maritime power. The Cabinet of Prime Minister Narendra Modi recently approved a package totaling nearly 700 billion rupees ($7.9 billion) to support local shipyards in competing with leading global shipbuilding companies, particularly those in China. This initiative underscores India’s determination to strengthen its presence in the international maritime sector, signaling its ambitions to challenge established industry giants.