During the meeting,
the Minister invited Samsung Heavy Industries, one of the leading players in
the global shipbuilding industry, to expand its footprint in India by
participating in the development of the country’s upcoming greenfield mega
shipbuilding clusters. The proposed collaboration aims to bring together
India’s growing maritime ambitions and Samsung’s world-class engineering
capabilities to support advanced shipbuilding, technological innovation and the
development of a globally competitive maritime manufacturing ecosystem. The discussions underscore India’s efforts
to strengthen its domestic shipbuilding capabilities, attract international
investment and position itself as a major global hub for shipbuilding and
maritime manufacturing. Collaboration with established international
shipbuilders could facilitate the adoption of advanced vessel-design
technologies, modern construction practices, specialised technical expertise
and globally competitive production standards. The proposed greenfield shipbuilding
clusters are expected to play an important role in developing integrated
maritime industrial ecosystems, bringing together shipyards, component
manufacturers, equipment suppliers, technology providers and supporting
industries. Such clusters can also create opportunities for skill development,
employment generation, technology transfer and greater participation by Indian
enterprises in global maritime supply chains. Samsung Heavy Industries’ expertise in
complex vessel construction, offshore engineering and advanced marine
technologies could complement India’s long-term maritime development
objectives. A stronger partnership could open avenues for cooperation in
next-generation vessels, energy-efficient ship designs and technologies
supporting the transition towards greener and more sustainable shipping. The engagement reflects India’s broader
ambition to leverage international partnerships, strengthen industrial
capabilities and enhance its competitiveness in the global maritime sector. By
aligning the country’s maritime vision with South Korea’s established
shipbuilding expertise, India seeks to create new opportunities for investment,
innovation and sustainable industrial growth.
The meeting marks
an important step in exploring deeper India–South Korea maritime cooperation,
with a focus on building a modern, technologically advanced and globally
connected shipbuilding ecosystem in India.