India seeks shipbuilding renaissance despite reputational hangover
- Indian shipbuilding still needs to overcome a reputation for newbuilding delivery delays, earned during its last attempt to become a major shipbuilding nation
- Yards have been successful in picking up orders for small multipurpose cargoships and containerships from leading European owners
- New tie-ups with European and South Korean shipbuilders will help Indian shipyards in winning orders for larger and more sophisticated tonnage, as shipowners seek an alternative to Chinese vessel construction
Indian shipyards have numerous challenges to be overcome before they become serious competition to east Asian shipbuilders
