Economy
Cochin Shipyard Secures Orders to Build Over 40 Ships Globally
The Hindu1h
THE BRIEF
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State-owned Cochin Shipyard has received orders from the U.S., Germany, Norway, and other nations to build over 40 ships, Shipping Minister Sarbananda Sonowal announced.
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A senior Shipping Ministry official stated that Russian entities have also expressed interest in building ships in India in collaboration with local yards.
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During bilateral talks at the Sagarmanthan dialogue, Belgium expressed willingness to promote shipbuilding, while Saudi Arabia discussed participation in port projects.