🔘India has announced a large-scale $5.4 billion shipbuilding development program aimed at expanding shipyards and boosting domestic production capacity. The goal is to reduce dependence on imported vessels and strengthen the country’s position in the global maritime industry.
🔘The program, designed for both civilian and military shipbuilding, is seen as a direct challenge to China’s dominance in the industry. At the same time, the project is raising concerns in the West due to the potential shift in the balance of power in the global shipping market.
For India, shipbuilding is becoming not only an economic but also a geopolitical tool.
Seamen’s Club 🇺🇦 | #news