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India's Shipbuilding, Marine Cargo Segments Host $1.13 Billion in Planned Q2 Project Kickoffs, an Industrial Info Market Brief

India's government is prioritizing the growth of the nation's marine and port sectors to deal increased offshore activities coast.

Released Monday, March 09, 2020

India's Shipbuilding, Marine Cargo Segments Host $1.13 Billion in Planned Q2 Project Kickoffs, an Industrial Info Market Brief

India's government is prioritizing the growth of the nation's marine and port sectors to deal increased offshore activities coast. The Industrial Manufacturing Industry expects to see a massive policy initiative from the government to develop ancillaries to the shipbuilding and ship-repair sectors.

Industrial Info is tracking 42 related projects in India worth $1.13 billion, which are expected to kick off construction in second-quarter 2020. The leading states in project activity are Maharashtra, Tamil Nadu and Andhra Pradesh.

Click here for a list of projects and see map below.

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