The worst kept secrets about India’s maritime history in modern India is that it undercounted its maritime boundary by nearly 40 percent and has a negligible share of global shipbuilding capability.
Now India wants to make up for this strategic blunder. This year’s Union Budget provided yet another push to nudge India’s audacious ambition to become a global shipbuilding hub in the next 10 years.
Can India pull this off? Is the support in the budget sufficient?
To answer all this and more, StratNewsGlobal.Tech spoke to Arjun Chowgule, Executive Director, Chowgule Group.
Anil Padmanabhan has been a journalist for the last 36 years. He has worked in various capacities in several publications including Afternoon Despatch & Courier, Press Trust of India, Business Standard, Mint and was based in New York for India Today. He was a Nieman Fellow in 2001. He tweets at @capitalcalculus.