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Business
Gujarat Launches Shipbuilding Policy Aiming to Attract ₹27,000 Crore Investment
✍️ Business Standard
🗓 27 Jul 2026, 09:04 PM
👁 57
The Gujarat government has introduced a new shipbuilding policy designed to draw in more than ₹27,000 crore in investment for the sector.
The Gujarat government today unveiled a comprehensive shipbuilding policy aimed at attracting significant investment to the state's maritime sector. The policy, announced by the state’s chief minister, targets an influx of over ₹27,000 crore from both domestic and international investors.
The new framework outlines incentives such as tax breaks, streamlined approvals, and infrastructure support to make Gujarat a preferred destination for shipbuilding projects. Officials highlighted the potential for job creation and technology transfer as key benefits.
Industry analysts expect the policy to position Gujarat as a competitive hub for naval and commercial ship construction, potentially boosting the state's economy and enhancing its strategic maritime capabilities.
The policy launch marks a strategic move by Gujarat to diversify its industrial base and capitalize on the growing demand for advanced shipbuilding services worldwide.
The new framework outlines incentives such as tax breaks, streamlined approvals, and infrastructure support to make Gujarat a preferred destination for shipbuilding projects. Officials highlighted the potential for job creation and technology transfer as key benefits.
Industry analysts expect the policy to position Gujarat as a competitive hub for naval and commercial ship construction, potentially boosting the state's economy and enhancing its strategic maritime capabilities.
The policy launch marks a strategic move by Gujarat to diversify its industrial base and capitalize on the growing demand for advanced shipbuilding services worldwide.