Tue Sep 23 10:53:55 UTC 2025: Okay, here’s a summary of the provided text, followed by a news article based on it:
**Summary:**
The Government of Andhra Pradesh (GoAP) and the Visakhapatnam Port Authority (VPA) have signed an agreement to establish a National Mega Shipbuilding Cluster in Andhra Pradesh, anchored at Duggirajapatnam. This project, with an estimated outlay of ₹29,253 crore, aims to make India a top shipbuilding nation by 2047. GoAP will handle land-side infrastructure, while VPA will manage seaside works. A special purpose vehicle (SPV) will oversee the project, working with private shipbuilding companies. The initiative aligns with India’s Maritime Vision 2030 and Amrit Kaal Vision 2047.
**News Article:**
**Andhra Pradesh to Become Shipbuilding Hub with New Mega Cluster**
**VISAKHAPATNAM, September 23, 2025** – Andhra Pradesh is poised to become a major player in global shipbuilding following the signing of a Memorandum of Understanding (MoU) between the Government of Andhra Pradesh (GoAP) and the Visakhapatnam Port Authority (VPA) today. The agreement paves the way for the establishment of a National Mega Shipbuilding Cluster, anchored at Duggirajapatnam, with the goal of making India one of the world’s top five shipbuilding nations by 2047.
The ambitious project, carrying an indicative outlay of ₹29,253 crore, aims to create a globally competitive shipbuilding infrastructure and foster an integrated maritime ecosystem within the state. The MoU was signed, according to The Hindu, following a recent meeting of Prime Minister Narendra Modi, dedicated to transforming the maritime sector.
Under the agreement, the GoAP will be responsible for executing roads and other civil works on the land side, providing land as equity in the project. The VPA will handle all seaside infrastructure development.
A special purpose vehicle (SPV) will be formed to oversee and implement the project in partnership with leading global private shipbuilding companies. This collaboration seeks to leverage international expertise and drive innovation within the Indian shipbuilding industry.
Officials state the project aligns with the Maritime India Vision 2030 and Maritime Amrit Kaal Vision 2047, national initiatives focused on modernizing and expanding India’s maritime capabilities. With its existing fishing harbours, shipyards, and robust industrial base, Andhra Pradesh is considered uniquely positioned to lead this transformative endeavor.