ReferIndia News Samsung Heavy Industries Enters Indian Shipbuilding Market Through Gujarat Partnership

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Samsung Heavy Industries Enters Indian Shipbuilding Market Through Gujarat Partnership

Published on: Sept. 29, 2025, 2:01 p.m. | Source: NewsX

Samsung Heavy Industries has partnered with Swan Defense and Heavy Industries (SDHI) in Gujarat to enter the Indian shipbuilding sector. SDHI, India’s largest shipyard, will serve as a hub for Samsung’s expansion into maritime logistics. The collaboration supports India’s plan to become a top-five global shipbuilding nation by 2047, backed by government incentives and a projected 6.4% industry growth through 2030.

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