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India plans 62 vessels in FY27 with Rs 51,383 crore investment: Union minister Sarbananda Sonowal

India plans 62 vessels in FY27 with Rs 51,383 crore investment: Union minister Sarbananda Sonowal

India is accelerating its shipping capabilities to achieve self-reliance, with plans to add 62 vessels by FY 2026-27, backed by a significant investment. A high-level meeting emphasized expanding the fleet, including container vessels, LPG and crude carriers, and green tugs, to ensure resilience against global disruptions and sustain supply chains.

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