Korean shipbuilder Samsung Heavy Industries announced Monday its entry into the Indian shipbuilding industry through a partnership with Swan Defense and Heavy Industries in Gujarat, northwest India, enhancing its participation in India’s state-led initiative to boost local shipbuilding. Samsung plans to gradually expand its local operations, using the shipyard as a foothold to target India’s rapidly growing maritime logistics sector. “This collaboration blends technological expertise with strong market presence, making it a model partnership that delivers mutual benefits,” said Namgung Geum-sung, vice president of Samsung Heavy Industries. In December, high-ranking Indian delegates from the Ministry of Ports, Shipping and Waterways visited major Korean shipyards, including Samsung Heavy Industries’ Geoje facility in South Gyeongsang Province, to discuss collaboration in shipbuilding. The country is also working to provide financial incentives for local shipbuilding operations.