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By:

Quaid Najmi

4 January 2025 at 3:26:24 pm

Macron hits the ground ‘running’

French President Emmanuel Macron with Bollywood actors Anil Kapoor, Manoj Bajpayee and others during a meeting in Mumbai. Mumbai: After landing in Mumbai in late hours of Monday (February 16), French President Emmanuel Macron barely took any time to rest and hopped into his sportswear just hours later for a jog at Mumbai’s iconic Marine Drive promenade, much to the disbelief and delight of the early risers there. Macron (48) was clad in a navy-blue t-shirt, black shorts and wore comfy...

Macron hits the ground ‘running’

French President Emmanuel Macron with Bollywood actors Anil Kapoor, Manoj Bajpayee and others during a meeting in Mumbai. Mumbai: After landing in Mumbai in late hours of Monday (February 16), French President Emmanuel Macron barely took any time to rest and hopped into his sportswear just hours later for a jog at Mumbai’s iconic Marine Drive promenade, much to the disbelief and delight of the early risers there. Macron (48) was clad in a navy-blue t-shirt, black shorts and wore comfy running shoes. His adherence to his legendary fitness routine sure was a high-stakes blend of diplomacy, politics and symbolism that displayed French soft power in the country’s glam capital and financial powerhouse. As Macron jogged and paced ahead with a retinue of hard-faced security officials around him, Mumbai’s early-summer humidity seemed to affect him little. Morning walkers and office-goers in the area however, were pleasantly surprised at the sight of a European head-of-state passing by like it was just another normal day in his daily routine. The French Prez knew this and even smiled at the crowds, acknowledging them with a wave as the locals jostled to record videos which later went viral on social media. Memorial Visit The light morning mood soon made way for a sombre tribute to victims of 26/11 terror attack at the memorial in the main lobby of Hotel Taj Mahal Palace opposite the Gateway of India. Macron visited the memorial with his wife, First Lady Brigitte Marie-Claude Macron. “We paid tributes to the victims of the 2008 attacks. To their families and loved ones and to India: France stands with you. In the face of terrorism, unity and determination,” said Macron emphasizing solidarity between New Delhi and Paris against global terror. At a luncheon, a delegation from Bollywood’s bigwigs met Macron and discussed the cultural and cinematic ties between the two nations. Ordinary Indian became familiar with the marvels of the French capital almost six decades ago through the superhit musical, ‘An Evening In Paris’ (1967). Among those seen were some of Indian cinema’s biggest names like Shabana Azmi, Anil Kapoor, Manoj Bajpayee, Zoya Akhtar, Richa Chadha and Grammy-winning composer Ricky Kej. “Alongside legends of Indian cinema. Culture brings us together,” Macron posted on X, and even expressed interest in deeper film co-productions with Bollywood. Kapoor described the interaction as ‘inspiring’ with exchange of ideas on cinema and cultural collaboration between the two countries, and Bajpayee termed it as an honour. A grand welcome Earlier, Macron, visiting India at the invitation of Prime Minister Narendra Modi, was warmly welcomed at Chhatrapati Shivaji Maharaj International Airport by Maharashtra Governor Acharya Devvrat, Chief Minister Devendra Fadnavis, Deputy CMs Eknath Shinde and Sunetra Pawar, Chief Secretary Rajesh Aggarwal, DGP Sadanand Date, Mumbai Police Commissioner Deven Bharti, other senior officials, and diplomats from both nations. Subsequently, Macron and Modi were closeted in delegation-level talks at the picturesque Arabian Sea-facing Lok Bhavan at Malabar Hill, when he said both France and India can give a lot to the world. “We have identified areas where we need to cooperate more to elevate our ties further,” said Macron, welcoming the recent India-European Union FTA.

Indian Shipbuilding A Must Win Marathon

Shipbuilding

With a coastline of 7500 KM, it is hard to imagine, that for the first 20 years (1947-1967) India had no ‘shipping ministry’. In 1967 a Shipping ministry “coupled” with ROAD transport was established. Since then, this ministry has been on a name changing ride, not once, not twice but six times. In 2009 the “ROAD Transport and Highways” was de-coupled and ‘Shipping’ ministry was formed. Turning point came in 2015 with a clear maritime vision for 2030 and 2047. Ministry was re-christened, aptly to Ministry of “Ports, Shipping and Waterways” in 2020.


Why is Shipbuilding important for a country?

a. A Shipyard becomes an opportunity hub and like a queen bee requires the support of an industrial colony to manufacture machinery and equipment.

b. National Shipyards support fleet renewal needs of the Navy.

c. Contributes to national GDP, increases inflow of FOREX.


Korea shipbuilding is 8% of GDP. Japan’s automobile industry is 2.9% of GDP. India’s shipbuilding a meagre 0.000578% of GDP. In context, India’s pharmaceutical industry, ranked third largest in the world is 1.72% of India’s GDP.


International Shipbuilding Market

The market is estimated to reach around USD 200 billion by 2029, growing at a CAGR of 4.84%. While India is at bottom with 0.07% of world share, behind Philippines 1.5% and Vietnam 1%, however on the positive side, India has done well in taking care of its defence needs, with 37 of 39 Naval ships being built in India yards. Rear Admiral S Shrikhande researching on maritime as a Fellow at Wollongong University, Australia, says “Shipbuilding in India needs both, serious incentivisation and dogged determination and not harping on being a big ship breaking country. That Garden Reach shipyard has a $54 million order for merchant ships from a German owner, is a good sign.”


Were Shipyards of 20th century in Flight mode?

Prominent shipyards in India were built in the colonial period. Mazagon Dock 1774, Garden reach 1884, Hindustan shipyard 1941 to cater to British navy and merchant fleet needs. Cochin shipyard 1972, Adani Katupalli 2013, Reliance Naval and Engineering, Rajula Gujarat 1997 and others have limited capacity, hence a lot more work to do. Capt. Subhangshu Dutt (Singapore) a mariner and now a shipowner, says “GOI should hold hands in any collaboration till the marriage with the foreign entity is reasonably stable. He also suggests that “new shipbuilding sites should be given to existing successful shipyards since they have decades of experience and talent. Consortium of 3 or more parties may also be good idea”.


Shipbuilding GOLD

As per SPLASH report the demand for LCO2 carriers could reach 2,500 ships by 2050. As per other estimates, 40% of global fleet of ships could have wind propulsion by 2050. A surge in such vessels is due to an unparallel waves of decarbonization in the shipping industry. Demand for ships with ‘carbon neutral’ badges, such as Dual fuel, Wind assisted, Nuclear fuel ships, Hydrogen powered ships, Liquified CO2 (LCO2) carrier, is outstripping supply. A must in the ‘bucket list’ of every Shipyard. Pinning down a standard ROI in shipbuilding is not easy, but experts suggest it could range from 4% to 15% for the high demand ‘carbon neutral’ ships. While an LNG new build vessel could cost US$ 250 million upwards.


International collaboration

On China’s shipbuilding success story, Manoj Pandalanghat (Singapore) a mariner and ship owner believes that “China has around 50 active Shipyards. Each have a few large dry docks. In each dock two or more large vessels are built simultaneously. Thus, a single yard is able to roll out 2/3 vessels/month, 36 vessels/year and 50 shipyards roll out 1800 vessels/year”.


China could be a jaldi-5, but India needs a sturdy Mount Fiji. Besides technology, Japanese bring the most important hand baggage of soft-skills and culture, essential for success from keel laying to delivery. Maruti’s is a standing example.


Food for thought for New Delhi

a. Expertise: Hire Naval Architects and shipbuilding experts with current international experience.

b. Government assistance: Land, Financial support, subsidies and timebound clearances.

c. Monitoring: PMO should monitor the first 5 to 10 years till Shipbuilding takes-off on this long-haul flight to destination 2047.


India’s Shipbuilding is expected to grow to $237 billion by year 2047. On a back of the envelope calculations this works out to about 4% of India’s 2047 projected GDP of $ 5 trillion. While cars are driven on roads, however the Ministry of roads and transport has little to do with “Automobile manufacturing”. On a similar note, ‘Shipbuilding’ as an industry has little to do with Ports, Shipping and Waterways, thus it may be worthwhile to consider a separate ‘Ship-building’ wing in the Ministry of Ports, Shipping and Waterways headed by a dynamic cabinet rank minister. Since 2047 targets are stiff and an uphill task, so in all probabilities, the officials in Ministry of Ports, Shipping and Waterways are likely to push beneath the carpet, delays and failures of Shipbuilding with sweet success stories of “Ports, Shipping and Waterways” and if this does happen then India will not only miss the Shipbuilding bus of 21st century but a lot more from a national security and strategic perspective.


(The author is a Shipping and Marine consultant. Member Singapore Shipping Association and empaneled with IMO as a specialist consultant. Views personal.)

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