Danish firms specializing in vessel equipment and propulsion systems are reportedly focusing on India's emerging shipbuilding clusters. This interest follows the Indian government's announcement of a ₹70,000 crore support package aimed at boosting the maritime sector, as stated by Denmark's Ambassador to India, Rasmus Abildgaard Kristensen.
The Ambassador highlighted Denmark's significant role as a maritime economy. He noted that several Danish companies are now considering prospects within the Indian market, driven by the new government initiatives.
India's maritime sector is undergoing a period of expansion, with the government setting ambitious targets. This development is attracting international attention, particularly from countries with established maritime industries like Denmark.
The focus on shipbuilding clusters suggests potential for collaboration and investment in India's maritime infrastructure. Danish expertise in equipment and propulsion systems could play a role in this expansion, according to the source publication.
