As China welds its two mammoth state-owned builders into a single leviathan, India is responding with a very different playbook: partnerships, policy nudges and a dash of Korean know-how.
The result is a fast-moving shipbuilding contest that could reshape who services and ultimately controls merchant fleets criss-crossing the Indian Ocean.
On 4 July, Cochin Shipyard Limited inked a sweeping memorandum of understanding with HD Korea Shipbuilding & Offshore Engineering. The deal promises long-term collaboration on design, equipment and workforce training, giving CSL an express lane to global best practice and production upgrades.
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