Danish maritime companies are expanding their footprint in India, buoyed by government incentives and green initiatives, as Denmark and India deepen their collaboration in shipbuilding and naval technology.
Danish maritime companies are looking to expand their presence in India as New Delhi pushes ahead with a large support package for shipbuilding and wider maritime industry development, according to Denmark’s ambassador to India, Rasmus Abildgaard Kristensen. The package, which includes incentives for shipbuilding clusters and financial support for domestic vessel construction, has made India a more attractive market for manufacturers of propulsion systems, equipment and related technology.
Kristensen said Danish firms already active in India are also exploring opportunities in ship recycling, port decarbonisation, shore power, green fuels and maritime technology. Business Standard reported that interest is rising around Alang, where two yards were recently added to the European Union’s list of approved recycling facilities. The report also said India has introduced a credit-note mechanism for ship recycling, allowing owners to use value generated at Indian yards towards the purchase of new vessels.
The embassy said Danish suppliers could also benefit from India’s push for local manufacturing in shipbuilding, which is expected to require more domestic content and, in some cases, local design capability. It pointed to the planned shipbuilding clusters under the government’s broader package, which are intended to bring equipment makers into new greenfield industrial hubs from the outset. Livemint reported that India and Denmark are separately working on a feasibility study to identify opportunities in naval and commercial shipbuilding, followed by a programme to deepen Danish participation in the Indian market.
The wider partnership is not limited to commercial shipping. According to Naval News, Danish shipbuilders and defence suppliers are also advancing cooperation at home, including a collaboration between Babcock International Group and Danske Flådeskibe on future frigate programmes. That broader industrial model has a clear parallel in India, where the embassy said Danish groups see scope in naval technology, green hydrogen, emissions monitoring and low-carbon maritime systems, alongside potential work on green shipping corridors and bunkering for cleaner fuels.
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