India has emerged as the world's leading ship recycling nation in 2025, achieving a significant milestone in its maritime sector and surpassing its Maritime India Vision (MIV) 2030 target five years ahead of schedule.
According to the latest report by the United Nations Conference on Trade and Development (UNCTAD), India's share of global ship recycling rose to 35.4 per cent in 2025, up from 30.1 per cent in 2024.
The report highlights a substantial increase in recycling activity, with India processing 2.99 million gross tons (GT) of ships in 2025 compared to 1.86 million GT in the previous year. This nearly 60 per cent growth has placed the country at the forefront of the global ship recycling industry, reinforcing its growing importance in international maritime trade and sustainability efforts.
Union Minister for Ports, Shipping and Waterways Sarbananda Sonowal attributed the achievement to a combination of policy reforms, industry participation and adherence to international environmental and safety standards.
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