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Commercial Shipyards in Tuticorin
September 24 , 2025
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- Tamil Nadu has attracted ₹30,000 crore investment to establish two greenfield commercial shipyards in the Tuticorin district.
- The projects are expected to create 55,000 jobs, including both direct and indirect employment opportunities.
- The investment follows the signing of two MoUs between the State Industries Promotion Corporation of Tamil Nadu (SIPCOT) and the V. O. Chidambaranar Port Authority.
- Cochin Shipyard Limited will invest ₹15,000 crore to set up a shipyard generating over 10,000 jobs (4,000 direct and 6,000 indirect) in the first phase.
- Mazagon Dock Shipbuilders Limited will invest ₹15,000 crore for another shipyard.
- The shipyards will focus on shipbuilding and repair, aligning with India’s national strategy to boost the maritime sector.
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