7 months ago
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Kakinada-headquartered San Maritime India Private Limited has signed a Memorandum of Understanding (MoU) with the Ministry of Ports, Shipping and Waterways to acceptable up a ₹200-crore shipyard improvement task connected the Kakinada coast, with a people to kick-start the task successful the fiscal twelvemonth 2026-27.
The pact was signed connected October 28 by San Maritime Director Sheik Ahmed Alisha and Shyam Jagannathan, Director-General of Shipping, Ministry of Ports, Shipping and Waterways, during the India Maritime Week (IMW)-2025 successful Mumbai. The IMW concluded connected Friday. Union Minister of Sports, Shipping and Waterways Sarbananda Sonowal was present, Mr. Ahmed Alisha told The Hindu.
“The Ministry of Ports, Shipping and Waterways volition connection subsidy, method assistance and guidance to motorboat the project, which includes slipways, crawler cranes and fabrication shed.,” helium said. The task has the imaginable to make employment opportunities for astatine slightest 100 people. San Marine India Private Limited is engaged successful shipbuilding and marine services for implicit 15 years.
