The foundation stone for India's largest Dry Dock
will be laid by Union Transport Minister Nitin Gadkari and Kerala Chief
Minister Pinarayi Vijayan at Cochin Shipyard in Kerala on October 30, 2018.
The Dry Dock will give a major boost to the “Make in India” initiative under Sagarmala and raise India’s share in global shipbuilding to 2 percent. India currently occupies 0.66 per cent share in global shipbuilding market.
Equipped with this Dry Dock, Cochin Shipyard will be able to build specialised and technologically advanced large vessels like LNG Carriers, drill ships, jack up rigs, large dredgers, aircraft carriers for Indian Navy and high end research vessels.
It will also help make Cochin a one stop maritime hub for all repair needs in South East Asia.
© 2018 Eduthrust. All Rights Reserved