India shipbuilding cooperation is the focus of a four-day visit to South Korea by Ports, Shipping and Waterways Minister Sarbananda Sonowal, who began the trip in Busan on October 25, 2026.

Key Takeaways

  • Sonowal met Indian professionals working in South Korea’s shipbuilding industry and sought ideas on workforce development and productivity.
  • The visit builds on the VOYAGES framework adopted by India and South Korea in April 2026.
  • His schedule includes industry meetings and a ministerial roundtable for World Maritime Day in Busan.

India shipbuilding cooperation on the agenda

Sonowal began his visit by meeting Indian professionals in Busan, a centre of South Korea’s maritime industry. The gathering included people working at Samsung Heavy Industries, Hanwha Ocean, HD Hyundai, DNV and the Indian Register of Shipping.

He asked them to share ideas on improving shipyard productivity and project execution, building a competitive workforce and deepening cooperation between Indian and Korean industries in technology, manufacturing and innovation.

Sonowal also encouraged the professionals to bring their experience to India or support Indian companies from South Korea. He called on them to mentor younger workers and participate in the India Ship Technology Centre and a shipbuilding skills partnership with the Korea International Cooperation Agency.

Framework covers shipping and logistics

The two countries adopted the VOYAGES framework during South Korean President Lee Jae Myung’s state visit to India in April 2026. It covers cooperation in shipbuilding, shipping and maritime logistics.

Sonowal said India aims to become globally competitive in shipbuilding, ship repair, maritime manufacturing and logistics under its Maritime India Vision 2030 and Maritime Amrit Kaal Vision 2047. He said the country would need more specialists, including marine engineers, naval architects, welders and project managers.

Next milestone

Sonowal’s remaining schedule includes meetings with shipbuilding leaders and maritime organisations, as well as the World Maritime Day ministerial roundtable in Busan.

Read More News

More FinanceVelix news

Disclaimer

This FinanceVelix article provides general information, not personalized financial, investment, legal, or tax advice. Market prices, interest rates and economic conditions can change; investments carry a risk of loss. Facts reflect the material available when published and may change. Check important information independently and consult a qualified professional when needed. Mentioning an asset, company, or service is not an endorsement.