{"id":159382,"date":"2025-09-25T11:04:10","date_gmt":"2025-09-25T11:04:10","guid":{"rendered":"https:\/\/www.newsbeep.com\/uk\/159382\/"},"modified":"2025-09-25T11:04:10","modified_gmt":"2025-09-25T11:04:10","slug":"india-aims-to-challenge-global-shipbuilding-giants","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/uk\/159382\/","title":{"rendered":"India aims to challenge global shipbuilding giants"},"content":{"rendered":"<p>India aims to become a shipbuilding powerhouse, with the Cabinet of Prime Minister Narenda Modi signing off on a package worth almost 850 billion rupees ($9.6 billion) Wednesday to help local shipyards compete with global shipbuilding giants in China, Japan and South Korea over the coming years.<\/p>\n<p>The ambitious industrial push is part of a multipronged approach aimed at strengthening the South Asian nation\u2019s shipbuilding capacity, improving long-term financing and promoting domestic shipyard development as India seeks to boost resilience and strategic self-reliance as China speeds ahead to become a global maritime power.<\/p>\n<p>\u201cWe want to be able to build our own ships, flag them here &#8230; We think this plan will not only be commercially sensible but also strategically,\u201d T.K. Ramachandran, India\u2019s port, shipping and waterways secretary, told reporters.<\/p>\n","protected":false},"excerpt":{"rendered":"India aims to become a shipbuilding powerhouse, with the Cabinet of Prime Minister Narenda Modi signing off on&hellip;\n","protected":false},"author":2,"featured_media":159383,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[84,891,1294,308,72575,72576,11998,56,54,55],"class_list":["post-159382","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-business","tag-china","tag-economy","tag-india","tag-narenda-modi","tag-shipbuilding","tag-south-korea","tag-uk","tag-united-kingdom","tag-unitedkingdom"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/159382","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/comments?post=159382"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/159382\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media\/159383"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media?parent=159382"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/categories?post=159382"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/tags?post=159382"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}