BusinessPhoto: Hindu BusinessIndian Shipyards Double Delivery Pipeline but Hold 0.5% of Global Orders
As of September 1, 2026, Indian shipyards held an order book of 1.1 million compensated gross tonnage (CGT), representing only 0.5% of global shipbuilding orders. India ranks 12th worldwide, behind China, South Korea, Japan, and others. Despite this, domestic shipyards are expected to see increased activity with deliveries scheduled for 2026-2030, reflecting India's ambition to become a major shipbuilding hub.
Hindu Business··Kochi



