Home India Ministry of Ports, Shipping and Waterways EMPLOYMENT AND CLUSTER DEVELOPMENT UNDER SHIPBUILDING & RECY...
Date: 2025-12-17 Category: Press Release State: Union Government Country: India

EMPLOYMENT AND CLUSTER DEVELOPMENT UNDER SHIPBUILDING & RECYCLING PACKAGE

Issued by Ministry of Ports, Shipping and Waterways · Not Applicable

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Executive Summary & Key Takeaways

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.
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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. ***** PN/IY (रलीज़ आईडी: 2205167) आगंतुक पटल : 256 इस वज्ञ को इन भाषाओ ंम पढ़: Urdu , ही

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