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- The MoU aims to boost India’s shipbuilding capabilities through long-term collaboration in commercial vessels, naval platforms, and offshore infrastructure.
- Key areas include joint project exploration, technical knowledge exchange, capacity enhancement, and workforce upskilling.
- KSOE, a global leader managing Hyundai Heavy Industries and others, brings world-class expertise to the partnership.
- The initiative aligns with Maritime India Vision 2030 and Maritime Amrit Kaal Vision 2047, supported by the ₹25,000 crore Maritime Development Fund.
- This strategic alliance is expected to position India as a global maritime hub through innovation and self-reliance.
Question:
Q.1 What is the primary objective of the MoU signed between Cochin Shipyard Limited (CSL) and Korea Shipbuilding & Offshore Engineering (KSOE)?a) Joint development of nuclear submarines
b) Strengthening India’s capabilities in shipbuilding and offshore infrastructure
c) Promoting inland waterways
d) Export of Indian ships to Korea
Answer: b) The MoU aims at long-term collaboration in commercial vessels, naval platforms, and offshore infrastructure, focusing on knowledge exchange, capacity building, and innovation.