Cochin Shipyard Ltd.

Cochin Shipyard has signed a Memorandum of Understanding (MoU) with Drydocks World to enable development of Ship repair clusters, synergizing mutual strengths. This is expected to bring global best practices to the Ship repair ecosystem in the country and add significant capacities. The MoU also provides for cooperation in potential offshore fabrication opportunities engaging other entities like major ports. This collaboration will explore opportunities to develop ship repair clusters along India’s coastline leveraging the expertise of both organisations.

By fostering cooperation between Cochin Shipyard and Drydocks World, the partnership will play a crucial role in modernizing India’s maritime infrastructure, expanding the ship repair industry and generating new employment opportunities. Aligned with the Government of India’s Maritime India Vision 2030 and Maritime AmritKaal Vision 2047.

This partnership is expected to contribute significantly to the growth of India's maritime sector positioning the country as a global leader. By combining the technical expertise and industry experience of Drydocks World and Cochin Shipyard, the collaboration will further strengthen India’s position as a hub for maritime engineering and self-reliance under the ‘Atmanirbhar Bharat’ initiative.

Cochin Shipyard is the first Greenfield and presently the most modern shipbuilding and ship repair yard in India.