Mint Explainer | Can South Korea help India become a top shipbuilding nation by 2047?
NEW DELHI, June 16 -- India's ambition to become one of the world's top five shipbuilding nations by 2047 is driving a search for global expertise, with South Korean companies emerging as key partners. New Delhi is courting Korean shipbuilding giants for investment, technology partnerships, shipyard development and workforce training as it looks to rapidly expand domestic capacity.
Mint explains why South Korea has become a key pillar of India's shipbuilding strategy and whether the partnership can help deliver its 2047 ambitions.
India's push into shipbuilding reflects strategic, economic and geopolitical priorities.
Despite a coastline of over 7,500 km and its status as a major trading nation, India accounts for less than 1% of globa...
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