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The Economic Times

Economy / The Economic Times

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Shipbuilding yard to come up at Kerala's Ponnani port under PPP model

A major shipbuilding yard is set to be established at Ponnani port in Malappuram, Kerala. This public-private partnership project will be the second largest in the state after Kochi. The facility will initially focus on building small vessels, with plans for larger ships in later phases. The project is expected to create around 1,000 jobs and significantly boost regional development.

18 Jan 2026 5:44 pm