Shipbuilding/ship repair industry in India : Problems and prospects

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作者
Sree, Kumar, S. [1 ]
Venugopal, A.D. [1 ]
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[1] Cochin Shipyard Limited, Cochin 682 015, India
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A strong shipbuilding and ship repair base in the country can stabilise freight rates by providing value added manufacturing and services at competitive prices. Its strategic significance as a second line of defence to support Navy and Coast Guard cannot be undermined. Absence of a strong shipbuilding and ship repair sector will expose the entire maritime activities to the mercies of overseas shipbuilders and ship repairs. Strategic significance of this industry can be better appreciated under this threat perception.
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