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BEML and Mazagon Dock Shipbuilders to develop advanced marine technology

Under the agreement, Mazagon Dock will provide its facilities to BEML’s research team for the development, testing, and validation of innovative marine technologies. Read more

Alang-Gujarat’s ship recycling industry eyes 10% CAGR by CY28

As newer, more efficient vessels are introduced, older ships become increasingly unviable for operation.Read more

Ship-building clusters to be established in five states; Sarbananda Sonowal

The ministry projects that container handling capacity will reach 40 million TEUs (twenty-foot equivalent units) over the next five years, creating approximately 2 million job opportunities nationwide.Read more

Deccan Gold Mines Ltd.’s subsidiary DGMoZ, ships first lithium ore to China

The shipment, totalling 150 tons with a grade of 2.5% Li?O, marks DGML’s debut in the fast-growing lithium market.Read more

High freight costs and container dependence knock India's exports; GTRI

Freight rates for Indian exporters to Europe and the US have more than doubled over the past year, partly due to disruptions in the Red Sea.Read more

Amazon to export $5 billion in small-ticket items from India in 2024

Companies such as Walmart are also scaling up their imports from India while decreasing their Chinese procurement.Read more

Marine Electricals inks MoU with Cummins India to manufacture naval ship pumps

In addition to their work in the naval sector, the MoU also aims to explore opportunities in the energy sector by offering power generation solutions.Read more

'Made in India' export surge draws major shipping lines to expand services

Global importers are increasingly seeking alternatives to China, with significant volumes of Indian exports including automobiles and polyethylene (PE) products. Read more

MoPSW to develop new shipbuilding scheme to incentivise Indian shipyards till 2035

Additionally, global cruise giant MSC Cruises has shown interest in deploying ships for domestic routes in India. Read more

No PLI proposals for shipping container manufacturing; GOI

The PLI scheme, which was introduced in 2021, supports 14 sectors, including telecommunications, textiles, medical devices, automobiles, and more, with a total budget of Rs 1.97 trillion.Read more

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