TN formalising maritime policy in tandem with Centre
Tamil Nadu is formalising a comprehensive maritime and shipbuilding policy aligned with the Centre’s initiatives to attract global players, incentivise new shipyards, and enable equity partnerships with private industry. Public sector shipyards, Cochin Shipyard and Mazagon Dock, plan investments of ₹30,000 crore, potentially creating 55,000 jobs, while the state aims to develop untapped minor ports and support the sector through viability funding.
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