Categories: Business

Structured tender model for shipbuilding: Govt aims tech transfer, local manufacturing

India is boosting its shipbuilding capabilities by adopting a “structured tender” approach for specialized vessels like gas and oil tankers. This strategy mandates that a portion of these ships be built domestically, facilitating technology transfer and strengthening local manufacturing. The government aims to aggregate demand for hundreds of vessels to enhance self-reliance in the maritime sector.

The News Vista

Leave a Comment
Share
Published by
The News Vista
4 months ago

Recent Posts

‘If PM Modi respects Constitution, ensure FIR’: Priyanka Gandhi on Kharge stage ‘shuddhikaran’ row

1 hour ago

Superconductors finally prove quantum imaging effect predicted two decades ago

The University of Illinois Chicago’s Dirk Morr proposed a way to create high-resolution quantum images…

2 hours ago

After 155 years in private hands, Nevada divorce ranch becomes a state park

Transforming from a historic divorce haven into a state park, Nevada's Lower Carson Ranch now…

2 hours ago

Nepal seeks to advance electricity import arrangement due to floods

Nepal has requested advance approvals to import electricity from India starting September 2026. This request…

2 hours ago

Iran war at 6 months: Who gained, who lost the most economically

Six months into the war, global economic fears have not fully materialized. Oil prices surged…

2 hours ago

‘Order of Oliy Darajali Dustlik’: Uzbekistan confers its highest state honour on PM Modi

During his two-day visit to Uzbekistan, Prime Minister Narendra Modi was awarded the prestigious Order…

2 hours ago