India’s shipbuilding order book grows but global share remains tiny
Quick dive
- Indian shipyards held an order book of 1.1 million compensated gross tonnage (CGT) on September 1, 2026, equal to only 0.5% of the global total.
- India ranked 12th globally; China held 64% of the global order book, followed by South Korea at 19% and Japan at 6%.
- The global shipbuilding order book reached a record 203.2 million CGT, up 13% year-on-year, with China securing 74% of tonnage contracted over the previous year.
- The Centre’s ₹69,725-crore shipbuilding package aims to place India among the top 10 shipbuilding nations by 2030 and top five by 2047.
- exam_relevance: tests CGT as a maritime-industry metric, India’s strategic-industrial challenge and the concentration of global capacity; it supports UPSC questions on blue economy, logistics, manufacturing and maritime security.
Full explanation
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