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The Economic Times

Economy / The Economic Times

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Cochin Shipyard, DP World arm to develop and run Kochi ship repair facility

Cochin Shipyard Limited and Drydocks World will jointly operate the International Ship Repair Facility. This partnership aims to expand the facility to meet growing regional and global demand. The collaboration will create additional capacity for servicing a wider range of vessels. India aims to become a top shipbuilding nation by 2030 and 2047. This public-private partnership marks a significant step for India's ship repair sector.

11 Sep 2026 10:39 pm