Indian shipyards built ~28 vessels last year. South Korea built 1,200 .
But the real gap isn't newbuilds — it's ship repair, where the margins actually live. Dubai, Singapore, Bahrain all built repair hubs that print money. We have 7,500 km of coastline and zero world-class ship repair facilities.
Cochin Shipyard and Mazagon Dock are good at what they do. The problem is asking 2-3 yards to carry an entire maritime manufacturing ambition.