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Home > All news > GMB and SDHI ink landmark ₹4,250 crore MoU for a mega boost to India’s Shipbuilding Sector

GMB and SDHI ink landmark ₹4,250 crore MoU for a mega boost to India’s Shipbuilding Sector

September 22, 2025
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  • ₹3,500 crore to be infused to expand capacity and upgrade shipyard infrastructure.
  • 200-acre Maritime Cluster to be developed at SDHI shipyard with a ₹550 crore investment to boost indigenous shipbuilding and ancillary industries.
  • Shipyard to build a state-of-the-art Centre of Excellence (CoE) with ₹200 crore investment to train over 1,000 youth annually and support R&D.

Mumbai, September 20th, 2025: Swan Defence and Heavy Industries Limited (SDHI), India’s largest shipbuilding and heavy fabrication company, has . . .

Disclaimer: This information has been collected through secondary research and Daily Shipping Times is not responsible for any errors in the same.

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