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2007 May 17   05:58

The order book of Indian shipyards increased to 14,000 crore in 2006

During the past 3-4 years, order book position of Indian shipyards has shown a phenomenal growth specially in export orders. The order book position has increased from Rs.150 crore in 2002 to about Rs.14,000 crore in 2006. India is expected to soon move up in the global ranking with the proposed capacity addition by various shipyards.
Presently, there are no reservations for small scale industries in the shipbuilding sector. This information was given by the Minister of Shipping, Road Transport and Highways, Shri T.R. Baalu in a written reply in the Lok Sabha today.

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