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.

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6 months ago

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