India's defence shipbuilding sector stands at multi-decade transformation threshold: Report
Published on: Dec. 19, 2025, 2:50 p.m. | Source: The Economic Times
India's defence shipbuilding sector is entering a period of strong growth. Increased naval capital expenditure and government policy are driving this expansion. Projects worth over Rs 2.3 trillion are underway or approved. This includes destroyers, frigates, submarines, and aircraft carriers. India aims to become a top global shipbuilding nation by 2047.
