THREE SHIPBUILDING STOCKS THAT CAN SHOW A TURNAROUND TO KEEP ON YOUR WATCHLIST

India's defence shipbuilding sector stands at the threshold of a multi-decade transformation and is evolving from a fragmented, policy-dependent industry, into a strategic manufacturing and defence pillar. Currently ranked at 16th position, the country is aiming to become a part of the top-5 shipbuilders globally by the year 2047. The Rs 70,000 crore maritime stimulus package announced by the government will bridge the structural gaps that have long-separated India from countries such as China, South Korea and Japan. With Rs 25,000 crore defence exports orders on hand, naval platforms and patrol craft are emerging as scalable exports products for India. This transformation will see growth in 3 stocks -