The move comes even as the Narendra Modi-led
government last year announced a ₹69,725 crore package aimed at revitalising
India’s shipbuilding sector and enhancing its global competitiveness.
JSW Group becomes the second major Indian conglomerate
in recent months to award shipbuilding contracts to Chinese yards. In 2025,
Ambuja Cements Ltd, owned by the Adani Group, ordered seven 9,400 DWT
conventional bulk carriers at China’s state-run Nantong Xiangyu Shipbuilding
& Offshore Engineering Co., Ltd in a deal estimated at around $100 million.
The latest contract marks JSW Group’s return to Wuhu
Shipyard, located in the Sanshan Economic Development Zone, Wuhu City, Anhui
Province, where it had earlier ordered 10 bulk carriers.
Announcing the new order on February 13, Wuhu Shipyard
said the previously delivered vessels were appreciated for their efficient
construction lead times and robust build quality. “JSW Group’s repeat orders serve as a powerful testament to Wuhu
Shipyard’s technical expertise, construction quality, and performance
credibility,” the yard said in a statement, adding that it remains committed to
lean manufacturing, strict quality control, and schedule management.
Both JSW Group and Wuhu Shipyard declined to disclose
the value of the new contract.
The four sister
vessels will be classed by the Indian Register of Shipping (IRClass). Each
vessel will measure 122 metres in length overall, with a moulded breadth of 20
metres and a moulded depth of 7.2 metres.
Designed with
double-bottom construction, the vessels will feature conventional
diesel-powered propulsion systems in a twin-screw, twin-rudder configuration.
They will be equipped with two cargo holds and hydraulic folding hatch covers.
According to the
shipbuilder, the vessels are tailored for coastal transportation of bulk cargo
within India’s near-sea trading areas. The ships are expected to enhance
operational flexibility and optimise JSW Group’s fleet composition, thereby
improving its logistics efficiency.
Industry observers
view the order as a missed opportunity for Indian shipyards. A contract from
one of India’s largest conglomerates could have elevated the profile of a
domestic yard in the global shipbuilding market.
Sources in the
industry said JSW Group’s preference for a Chinese yard underscores the
challenges faced by Indian shipbuilders, particularly in terms of competitive
pricing and delivery timelines, despite policy support measures announced by
the government.
The development highlights the ongoing struggle of
India’s shipbuilding sector to compete with established global leaders such as
China, which continues to dominate newbuilding orders worldwide.