India seeks investment from S Korea, Japan to set up shipbuilding clusters

Q: How long will it take to read this news story?

The story "India seeks investment from S Korea, Japan to set up shipbuilding clusters" has 728 words across 22 sentences, which will take approximately 4 - 7 minutes for the average person to read.

Q: Which news outlet covered this story?

The story "India seeks investment from S Korea, Japan to set up shipbuilding clusters" was covered 8 hours ago by Business Standard, a news publisher based in India.

Q: How trustworthy is 'Business Standard' news outlet?

Business Standard is a fully independent (privately-owned) news outlet established in 1975 that covers mostly business and finance news. The outlet is headquartered in India and publishes an average of 193 news stories per day. It's most recent story was published 3 hours ago.

Q: What do people currently think of this news story?

The sentiment for this story is currently Neutral, indicating that people are not responding positively or negatively to this news.

Q: How do I report this news for inaccuracy?

You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.<ul><li>News ID: #22516057</li><li>URL: https://beamstart.com/news/india-seeks-investment-from-s-17264122821322</li></ul>

Business Standard Logo Business Standard 8h ago

India seeks investment from S Korea, Japan to set up shipbuilding clusters - Business Standard

Quick Summary:

"We are looking at South Korea and Japan for investments and technology transfer for establishing shipbuilding and ship repair clusters in India," TK Ramachandran, Secretary in Ministry of Ports, Shipping and Waterways (MoPSW), told a group of journalists here.

India is seeking investments and technology transfer from South Korea and Japan to establish shipbuilding and ship repair clusters to promote the domestic shipping supply chain in the country, according to a senior government official.

Currently, India holds less than 1 per cent of the global shipbuilding market, dominated by China, South Korea, and Japan.