Indian shipyards hold just 0.5% of global ship orders

Indian shipyards had an order book of 1.1 million compensated gross tonnage as of September 1, 2026, just 0.5% of the global total, according to shipping association BIMCO. Although the delivery pipeline has doubled, India ranks only 12th worldwide, far behind leader China, underlining the challenge facing its ambition to become a major shipbuilding hub.