The Government has approved a comprehensive package of Rs. 69,725 crore to strengthen domestic capacity, maritime financing, shipyard development, skilling, and reforms in the shipbuilding and recycling sector. Shipbuilding is considered the mother industry in heavy engineering and is expected to generate approximately 22 lakh (2.2 million) direct and indirect jobs. The Government has undertaken several measures to address both supply-side and demand-side issues in the shipbuilding sector including stakeholder consultations. Approval for greenfield shipbuilding clusters would depend upon various factors, including adequate land availability, locational feasibility such as rail and road connectivity, State industrial policy, and interest from potential investors. This information was provided by the Union Minister of Ports, Shipping and Waterways, Shri Sarbananda Sonowal Ji, in a written reply to the Rajya Sabha on December 17, 2025. The Press Information Bureau (PIB) Delhi released this information with release ID 2205167.
Key Entities Referenced
Shipbuilding & Recycling Package: A comprehensive package to strengthen domestic capacity, maritime financing, shipyard development, skilling, and reforms in the shipbuilding and recycling sector.
Ministry of Ports, Shipping and Waterways: The ministry responsible for the development of the shipbuilding sector.
Ministry of Ports, Shipping and Waterways
EMPLOYMENT AND CLUSTER DEVELOPMENT
UNDER SHIPBUILDING & RECYCLING
PACKAGE
प्रव तथ: 17 DEC 2025 2:55PM by PIB Delhi
The Government has approved a comprehensive package of Rs. 69,725 crore featuring a four-pillar
approach to strengthen domestic capacity, maritime financing, shipyard development, skilling, and
reforms. Shipbuilding is considered the mother industry in heavy engineering, where the majority of the
value of a built ship is contributed by heavy engineering industries such as steel, mechanical, electrical
and electronic equipment, composites, etc. Further, ancillary industries also develop through the growth of
the shipbuilding industry. Given shipbuilding’s high employment multiplier, there is potential for the
generation of approximately 22 lakh (2.2 million) direct and indirect jobs.
The Government has undertaken several measures to address both supply-side and demand-side issues in
the shipbuilding sector. Stakeholder consultations have been conducted among various ministries,
including cargo-generating ministries, to provide visibility for vessel orders for the shipbuilding industry.
Approval for greenfield shipbuilding clusters would depend upon various factors, including adequate land
availability, locational feasibility such as rail and road connectivity, State industrial policy, and interest
from potential investors.
This information was given by the Union Minister of Ports, Shipping and Waterways, Shri Sarbananda
Sonowal Ji, in a written reply to the Rajya Sabha.
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इस वज्ञ को इन भाषाओ ंम पढ़: Urdu , ही