A South Korea-India shipbuilding partnership brings more than just supply chain diversity
- Having access to an overseas yard can alleviate South Korea’s limited yard capacity, while diversifying supply chain risks
- Indian yards stand to gain from South Korea’s high-end engineering and automation
- South Korean yards will have access to Indian commercial and naval newbuilding demand
Developing an entirely new ecosystem in India allows South Korean yards to cater to domestic demand, access untapped markets and manage the region’s maritime infrastructure
