NEW DELHI: In a move aimed at strengthening India’s maritime capabilities, the government said on Friday it has signed an agreement with the Korea International Cooperation Agency (KOICA) for a skill development project in the shipbuilding sector.
The Ministry of Ports, Shipping and Waterways (MoPSW) said that the government signed a ‘Plan of Implementation’ with KOICA on April 2. The agreement is aligned with the Maritime Amrit Kaal Vision 2047 and seeks to position shipbuilding as a key driver of India’s economic growth and global maritime presence, the ministry added.
The project focuses on developing strategies and building a strong foundation of skilled professionals for India’s shipbuilding and marine sectors.
Under the collaboration, KOICA, along with the Korea Research Institute for Vocational Education and Training and other stakeholders, will undertake detailed research on India’s shipbuilding and marine engineering industries.