India, July 28 -- The Gujarat government on Monday launched its shipbuilding policy aimed at developing the state into India's leading maritime manufacturing hub through fiscal incentives, infrastructure development and skill creation, an official said. Chief Minister Bhupendra Patel launched the Gujarat Shipbuilding and Repair Policy 2026, which envisages setting up two Integrated Mega Shipbuilding Parks, increasing the state's shipbuilding capacity to more than 50 lakh Deadweight Tonnage (DWT) and attracting investments worth over Rs 27,000 crore, a government release stated.

DWT is the maximum weight a ship can carry safely.

The policy also aims to provide skill development and capacity-building training to over five lakh people. Spe...