Korea's Samsung Heavy Industries joins India's shipbuilding push with Swan Defense and Heavy Industries
Published on: Sept. 29, 2025, 2:18 p.m. | Source: The Economic Times
Samsung Heavy Industries has partnered with India's largest shipyard, Swan Defense and Heavy Industries, to enter the Indian shipbuilding market. This collaboration supports India's initiative to become a top shipbuilding nation by 2047, leveraging SHI's expertise and India's growing maritime sector, bolstered by significant financial incentives.
