Indian shipyards double delivery pipeline, but still hold only 0.5% of global orders

Indian shipyards have significantly increased their delivery pipeline, a positive sign for the industry's growth prospects. However, this achievement is overshadowed by the fact that Indian shipyards still hold a tiny share of just 0.5% of global shipbuilding orders. This highlights the significant gap between India's ambitions and its current market position, which is dominated by China. The dominance of Chinese shipyards poses a major challenge for India's shipbuilding push.

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India's shipbuilding industry is seeing growth, with shipyards doubling their delivery pipeline. However, the industry still faces significant competition from China, which dominates global orders.

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