Explore India's top shipbuilding stocks ranked by market capitalization. These companies drive the nation's defence and maritime sectors.
India's shipbuilding industry has grown tremendously, driven by naval defence and global maritime demand. This sector includes companies that excel in warship construction, large vessel repairs, and sustainable ship recycling.
Market Cap: ₹91,416 Crore Headquartered in Mumbai, Mazagon Dock Shipbuilders specializes in building warships and submarines for the Indian Navy. It is a key player in India's defence manufacturing sector. Data as of 30th December 2024. Source – NSE
Market Cap: ₹41,618 Crore Located in Kochi, Kerala, Cochin Shipyard is renowned for constructing and repairing large vessels, including passenger ships and tankers. It plays a vital role in India’s maritime sector.
Market Cap: ₹18,780 Crore Based in Kolkata, Garden Reach Shipbuilders is a major defence contractor supplying warships to the Indian Navy. It is also involved in modular construction and small arms manufacturing. Data as of 30th December 2024. Source – NSE
Market Cap: ₹98 Crore Operating out of Gujarat, VMS Industries specializes in ship recycling and maritime services, contributing to sustainable practices in the shipping industry. Data as of 30th December 2024. Source – NSE
India's shipbuilding sector plays a vital role in maritime and defence development, focusing on naval construction, vessel repairs, and sustainable ship recycling. Data as of 30th December 2024. Source – NSE