India Plans ₹51,000 Crore Push to Procure 62 Ships Amid West Asia Crisis

India Moves to Accelerate Expanding Shipping Capacity by Adding 62 Vessels

India’s Minister of Ports, Shipping, and Waterways, Sarbananda Sonowal, mapped out an ambitious plan to rapidly expand the country’s domestic maritime...

India plans ₹51,000 crore push to procure 62 ships amid West Asia crisis

The government wants to significantly scale up India’s shipping capacity, including container vessels, LPG carriers, crude oil tankers, and environment-friendly green tugs, as geopolitical tensions disrupt maritime trade routes.

India Plans 62 New Ships With ₹51,383 Crore Investment To Boost Shipping Sector

Image for representation purposes only India is planning to strengthen its shipping sector with a focus on self-reliance. Union Minister for Ports, Shipping and Waterways Sarbananda Sonowal said the country is working on adding 62 vessels in the financial year 2026–27 with an investment of ₹51,383 crore. This expansion is expected to add 2.85 million gross tonnage (GT) capacity to India’s shipping fleet. The announcement came during a high-level…

Hormuz wake-up call: India plans 62 new ships worth ₹51,383 crore

Sonowal chairs an emergency inter-ministerial meeting on the nation’s maritime vulnerability

Invest: India presses on strategy to add 62 ships

Minister reviews SCI-Oil PSUs JV to acquire 59 vessels India is pressing on with its shipping industry development strategy by advancing a roadmap to add 62 vessels in FY 2026–27, backed by Rs.51,383 crore investment for creating an additional 2.85 million GT capacity. Minister of Ports, Shipping and Waterways Sarbananda Sonowal said, “We are positioning […] Source

India plans 62 vessels with Rs 51,383 crore investment in FY27: Minister - tennews.in: National News Portal

New Delhi, April 30 (IANS) India is advancing a roadmap to add 62 vessels in FY2026–27 backed by a investment of Rs 51,383 crore, creating an additional 2.85 million gross tonnage (GT) capacity, according to the government. In a push towards self-reliance in the maritime sector, a high-level inter-ministerial review meeting on the Strait of […] The post India plans 62 vessels with Rs 51,383 crore investment in FY27: Minister appeared first on te…