US EditionIndia to Build 1,000 Merchant Ships by 2034 in Push for Maritime Self-Reliance
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India to Build 1,000 Merchant Ships by 2034 in Push for Maritime Self-Reliance
The Indian government has announced an ambitious plan to build 1,000 merchant navy ships domestically by 2034. The move aims to increase India’s maritime logistics self-sufficiency and reduce reliance on foreign shipping. Currently, India’s merchant fleet comprises around 1,500 vessels, with fewer than 60 classified as large ships. The Union Budget 2025-26 included reforms to increase shipbuilding capacity. India currently accounts for 1.2% of g…
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