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Wire · regulatory

Ship Recycling in India: Regulatory Transformation and Global Leadership

11 August 2026 · By · Wire by Fusion42

Published

11 August 2026

Topic

regulatory

◆ Sectors

Industrial

◆ Geography

India

◆ Source

Read at pib.gov.in →

◆ Verified

Fusion42 · 23 August 2026 · Fusion42 review

India's ship recycling sector has become the world leader in 2025, increasing its global market share to 35.4% and recycling volume by 60%. This transformation is driven by comprehensive regulation, compliance with international norms, and modernised yards, with the Alang-Sosiya cluster as the core hub.

This Wire brief sits within Fusion42's coverage of Industrial.

◆ ◆ The Wire takeaway

You face a newly regulated and globally competitive Indian ship recycling sector with growing volumes and international compliance. If your business touches maritime lifecycle or steel supply, this cluster's growth unlocks new supply and partnership opportunities now.

◆ Coverage

1 source · 11 Aug 2026

◆ Related on Wire

◆ Topics

Industrialship-recyclingregulationsustainabilitymaritime-industrycircular-economy