Business Economy


CCEA clears Rs 1,570 Cr Ship Repair Hub at Vadinar to boost maritime capacity ‎

New Delhi, May 5 (UNI) The Cabinet Committee on Economic Affairs today approved the development of a state-of-the-art ship repair facility at Vadinar in Gujarat, a move aimed at expanding India’s maritime infrastructure and reducing dependence on foreign shipyards, Information and Broadcasting Minister Ashwini Vaishnaw said after the meeting.

Briefing reporters here, Vaishnaw said the project will be implemented jointly by the Deendayal Port Authority and Cochin Shipyard Limited with a combined investment of Rs 1,570 crore. “This facility will significantly strengthen India’s ship repair ecosystem and improve the competitiveness of our ports,” he said.
‎Planned as a brownfield development, the Vadinar facility will include a 650-metre jetty, two large floating dry docks, workshops, and associated marine infrastructure.
‎A government statement further said Vadinar’s natural deep draft, connectivity to major global shipping routes, and proximity to key ports such as Mundra Port and Kandla Port make it a strategic location, particularly for servicing large commercial and foreign-flagged vessels.
‎According to the statement the project will help bridge a critical gap in India’s ship repair capacity, as the country currently lacks sufficient facilities to handle vessels exceeding 230 metres in length. The new facility will be capable of repairing ships up to 300 metres, enabling high-value repair work to be carried out domestically and reducing foreign exchange outflows.
‎The statement further added that improved repair capabilities and faster turnaround times on the western coast are expected to enhance the efficiency and attractiveness of Indian ports. The project is also expected to generate employment, with estimates of around 290 direct jobs and nearly 1,100 indirect jobs across ship repair, logistics, and ancillary industries.
‎Beyond infrastructure, the initiative is expected to spur skill development and support the growth of maritime ancillary services and MSMEs in the region, contributing to broader economic activity.
‎The project aligns with the government’s long-term maritime strategies, including Maritime India Vision 2030 and Maritime Amrit Kaal Vision 2047, which aim to position India as a global maritime hub. Officials said the Vadinar facility will play a key role in strengthening the country’s maritime ecosystem while supporting regional economic growth.
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