NEW DELHI: India’s ambition to become one of the world’s top five shipbuilding nations by 2047 is driving a search for global expertise, with South Korean companies emerging as key partners. New Delhi is courting Korean shipbuilding giants for investment, technology partnerships, shipyard development and workforce training as it looks to rapidly expand domestic capacity.
Mint Explainer | Can South Korea help India become a top shipbuilding nation by 2047?
Date:
More like thisRelated
India aims to wrap up Chile trade deal by October, critical minerals remain key sticking point: Sources
India is aiming to wrap up negotiations on a...
Bank of Japan to raise interest rate three consecutive times? Here’s what Nomura is saying
The Bank of Japan could raise interest rates at...
India may need to repay $130 billion of FCNR inflows in 3-5 years; long-term capital key: JPMorgan
India’s huge FCNR inflows have bought the country time,...
FCNR-B inflows could cost RBI around ₹2 lakh crore in hedging costs: Analysts
Success comes at a cost, and the Reserve Bank...