India, Oct. 28 -- Cost gap with East Asia, estimated at 24%, can only be closed through series production, Rear Admiral Raghuram argues_

Launching a ship makes for a ceremony, but India's shipbuilding ambitions will be decided by what happens after the ribbon is cut. That is the argument Hindustan Shipyard Limited (HSL), a Miniratna Category-I PSU, is taking to the industry as the country gears up for a large expansion of its maritime sector.

Speaking at INMARCO 2026 in Mumbai, HSL Chairman and Managing Director Rear Admiral C. Raghuram, VSM (Retd.), said Indian yards must now move from landmark launches to repeatable delivery. "Launching one ship is a ceremony. Delivering the fifth on time is an industry. And delivering the hundredth, ...