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Immense opportunities for investment in the Indian shipbuilding sector.. Union Minister Sarb...

✍️ Suryaa Now Reporter • 📅 Monday, 26 October 2026 11:20 PM

Suryaa Now International Desk: Surya International Trade & Maritime Bureau, Busan/New Delhi: Korea to invest in India emerging as world-class shipbuilding hub... Surya International Trade & Maritime Bureau, Busan/New Delhi: Union Minister for Ports, Shipping and Waterways Sarbananda Sonowal has clarified that there are huge opportunities for the Korean industry to invest in India, which is emerging as a world-class shipbuilding hub. He arrived in South Korea on a four-day official visit and participated in a special meeting organized by the Indian Embassy in Busan, which is known as Korea's maritime hub. He held interviews with Indian engineers and experts working in world renowned shipbuilding companies like Samsung Heavy Industries, HD Hyundai, Hanwha Ocean.

India as one of the top-5 countries by 2047: Under the guidance of Prime Minister Narendra Modi, India has set the goals of Maritime India Vision 2030 and Amrit Call 2047, the Union Minister said. He stated that the government's intention is to make India stand among the top five shipbuilding countries in the world in the coming period. He expressed confidence that Korean expertise in cutting-edge technology, designing and production processes can be a strategic partner for India in this journey. The services of Indian expatriate experts are commendable: Sonowal praised the fact that Indian experts are playing key responsibilities in Korea's top shipbuilding ecosystem.

He called upon all of them to act as bridges to strengthen the relations between the two countries in the fields of shipbuilding, port management and maritime logistics. With their experience, they are asked to provide valuable suggestions for increasing the productivity of Indian shipyards and developing skilled human resources.

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