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SCI to buy 26 local vessels for $2 bn
Mint Chennai
|August 12, 2025
State-owned Shipping Corp. of India (SCI), the country's largest shipping line, is working on a plan to purchase 26 India-made ships for ₹19,820 crore ($2.3 billion) as part of a government initiative to boost the domestic shipbuilding industry, according to people familiar with the matter.
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The ships will have a cumulative internal volume of 1.18 million gross tonnes, and delivery will be staggered over several years as they are completed, said the people, who
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