Through the policy, under Sipcot, Tamil Nadu will develop world class shipbuilding clusters that can support the construction of large commercial vessels, defence craft, submarines, green vessels and offshore structures, he said.
The policy introduces structured incentives to attract global shipyards and marine manufacturers. Equity participation, asset leasing, capital support and production linked incentives will encourage long term investment in shipbuilding, marine engineering and related manufacturing, Rajaa said.
Sustainability will be central to this effort. Green ship recycling, environmentally responsible shipbuilding practices and Industry 4.0 skill development will shape the sector’s growth. Institutions such as the Indian Maritime University and the State Shipbuilding Skill Council will support workforce development for this emerging ecosystem, he added.
Tamil Nadu has a natural advantage: 1,076 km coastline, deep water access capable of handling vessels above 2,00,000 DWT and a manufacturing ecosystem with more than 40,000 factories that already power India’s industrial economy. This policy converts that strength into a clear maritime manufacturing strategy, Rajaa said.
Tamil Nadu has always been a maritime state. From the Chola era to modern global trade, our coastline has connected us to the world. Now Chief Minister M K Stalin is building the industrial capability to lead the next phase of shipbuilding! he said.
