• Home /Current Affairs / Upgrading Shipyards in India
  • Upgrading Shipyards in India
    Posted on September 27th, 2025 in Current Affairs
    Tags:

    • India’s shipbuilding and maritime ecosystem is being revitalized with a new package of ₹69,725 crore.

    • The package aims to expand India’s capacity to build large merchant ships to 4.5 million gross tonnage.

    • The plan includes upgrading shipyards for advanced technology and management principles, promoting new yards housing factories for shipbuilding ancillaries, and supporting shipowners for financing new builds.

    • The package faces challenges due to the slow turnaround times and high capex, a factor preventing Indian shipowners from ordering new shipbuilds.

    • The cost of finance for new shipbuilds is largely lower for large vessels, not for small ships.

    • Incentives to promote shipbuilding should include long-term offtake possibilities, as Indian shipowners do not see long-term demand visibility for new builds.

    • India’s green fuel production policy has seen projects to produce and export green fuels, but not leveraging them to build green ships and offtake.

    Modernising Indian shipyards is important topic for Civil service exam (WBCS).

    🚨Daily Current Affairs MCQ pdf download- Google Drive Link https://drive.google.com/drive/folders/1PN6A2mDkCngLsGR115zhZ_vTV8W7AKN8?usp=drive_link

    ✅Telegram channel link: https://t.me/TheSoumyaSir

    ✅Attempt the daily current affairs test in our free section of app (android and ios) : https://play.google.com/store/apps/details?id=co.iron.rrnvu

    ✅ Interview related telegram group https://t.me/IASWBCSInterview 🔥 Book free consultation with WBCS Gr A Officer: https://bit.ly/Free-Appointment-with-Soumya-Sir-Other-WBCS-A-Officer

    ✅ Courses https://www.wbcsmadeeasy.in/courses/

    ✅ Attempt previous years questions : Link: https://bit.ly/wbcs-pyq-wbcsmadeeasy

    ✅ Take subject wise Chapterwise mock test : https://bit.ly/wbcs-prelims-all-subjects-chapter-wise-test

    ✅ Bio – https://bit.ly/m/wbcs-made-easy

    ✅ App download – Android: https://play.google.com/store/apps/details?id=co.iron.rrnvu&pcampaignid=web_share (iOS available too)

    WBCS MADE EASY www.wbcsmadeeasy.in

    8274048710/8585843673

    Jawahar IAS www.jawaharias.in 7439954855

    Leave a Reply

    Your email address will not be published. Required fields are marked *

    This site uses Akismet to reduce spam. Learn how your comment data is processed.

     WBCS Foundation Course Classroom Online 2024 2025 WBCS Preliminary Exam Mock Test WBCS Main Exam Mock Test WBCS Main Language Bengali English Nepali Hindi Descriptive Paper