Structured tender model for shipbuilding: Govt aims tech transfer, local manufacturing
India is boosting its shipbuilding capabilities by adopting a "structured tender" approach for specialized vessels like gas and oil tankers. This strategy mandates that a portion of these ships be built domestically, facilitating technology transfer and strengthening local manufacturing. The government aims to aggregate demand for hundreds of vessels to enhance self-reliance in the maritime sector. from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/NUGms6t >
