India’s Defence Shipyards Secure ₹2.35 Lakh Crore Pipeline Amid Growth Push And Execution Risks

India’s defence shipbuilding industry is entering a period of sustained growth, underpinned by a long-term procurement pipeline valued at approximately ₹2.35 lakh crore that is expected to materialise through 2035.This visibility is driven by the Indian Navy’s modernisation program, which requires a steady supply of new vessels ranging from frigates to submarines. The sector is therefore
India’s defence shipbuilding industry is entering a period of sustained growth, underpinned by a long-term procurement pipeline valued at approximately ₹2.35 lakh crore that is expected to materialise through 2035.This visibility is driven by the Indian Navy’s modernisation program, which requires a steady supply of new vessels ranging from frigates to submarines. The sector is therefore
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