By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Latest World News UpdateLatest World News UpdateLatest World News Update
  • Home
  • Business
  • National
  • Entertainment
  • Sports
  • Health
  • Science
  • Tech
  • World
  • Marathi
  • Hindi
  • Gujarati
  • Videos
  • Press Release
    • Press Release
    • Press Release Distribution Packages
Reading: IIT Alumni Council to Co-Create India’s first Global Shipbuilding Research Institute – World News Network
Share
Notification Show More
Font ResizerAa
Latest World News UpdateLatest World News Update
Font ResizerAa
  • Home
  • Business
  • National
  • Entertainment
  • Sports
  • Health
  • Science
  • Tech
  • World
  • Marathi
  • Hindi
  • Gujarati
  • Videos
  • Press Release
    • Press Release
    • Press Release Distribution Packages
Follow US
  • Advertise
© 2022 Foxiz News Network. Ruby Design Company. All Rights Reserved.
Latest World News Update > Blog > Business > IIT Alumni Council to Co-Create India’s first Global Shipbuilding Research Institute – World News Network
Business

IIT Alumni Council to Co-Create India’s first Global Shipbuilding Research Institute – World News Network

worldnewsnetwork
Last updated: May 22, 2025 12:00 am
worldnewsnetwork 23 hours ago
Share
SHARE

PNN
New Delhi [India], May 22: IIT Alumni Council to act as sponsor and knowledge partner to co-create a green-shipping-focused research institute and university. The institute would be a part of the shipbuilding megacity being created on the Indian coast. This greenfield facility will cater to the emerging global market for cryogenic liquid hydrogen carriers, ammonia-fueled ultra-large crude carriers, nuclear-powered container ships and other next-generation vehicles required for the transition to sustainable shipping.
Ravi Sharma, President and Chief Volunteer of IIT Alumni Council, added, “Pollution caused by ships already exceeds that caused by all private cars in India. Shipbuilding is an area where India can directly lead in the latest technologies – just like it has done in mobile telecom or digital banking. Import substitution is the immediate goal, but global leadership – in this service, people and technology-intensive industry – is the end objective.”
“Korea’s global success has been a direct result of significant R&D investments – both in industry and in academia. This collaborative approach is the key to success in shipbuilding. For Korea, shipbuilding has been one of the pillars on which the country’s global success in technology was built. I have been a great believer in the potential of India. I was fortunate to attend the first edition of vibrant Gujarat in September 2003.
Since then, I have been very impressed with the progress catalysed by the leadership of Mr Narendra Modi, ” said 92 year legendary shipbuilder and celebrated naval architect, Dr Dong Shik Shin of Korea who is revered as the “Father of modern shipbuilding” and widely credited with the creation and success of Asia’s shipping industry outside of Japan. Dr Shin was appointed by the late President Park Chung Hee to serve as an Advisor and Chairman of the Special Maritime Advisory Committee, Senior Economic Secretary and Secretary General of the Presidential Board in the fields of Economy and Science.
Dr Shin has played a pivotal role in planning the national economic development and overseeing Korea’s economic advancement, especially in the fields of heavy industry, maritime affairs, science and technology and basic infrastructure. Dr Shin has been awarded as the Distinguished Fellow in Shipbuilding by the IIT Alumni Council and is being nominated as a Professor Emeritus and Member of the Senate of the Shipbuilding University.
“For close to two years now, I have been travelling with the IIT Alumni teams to study existing shipyards as well as explore zero carbon options for next gen ships. India is more cost-effective than any other country for bespoke, high technology manufacturing because of its deep pool of engineering talent and ERS (engineering and research service) providers. What is currently missing is the required infrastructure to build such massive ships and the supporting ecosystem.
We also have a lot of catching up to do on large sized steel plates, design automation data bases and advanced electronics which are now all standard in the industry,” added Commodore R. Balasubramaniam, a highly respected naval R&D veteran who has been involved with the conceptualisation, design, construction and maintenance of some of the Indian Navy’s most prized assets, including the naval ships and design of shipyards. Commodore R. Balasubramaniam is an awarded Distinguished Fellow of the IIT Alumni Council in the area of Nuclear Powered Vehicles and is being nominated as a Professor of Practice and Member of the Senate of the new Institute.
“There are only a handful of global players who have the capability to design and build a VLCC or ULCC. It doesn’t make sense to reinvent the wheel. Thus, the immediate plan is to acquire proven Korean designs for India’s first very large crude carrier (VLCC) from Komag – the world leader in this space. This will help India to catch up and enter the closed club of countries capable of building VLCCs. Dedicated test facilities can validate systems prior to hull integration.
Digital Twin technologies could radically reduce the time for construction. Future technologies have to be invented, not imported. The Shipbuilding University is thus a timely step in the right direction by the IIT Alumni Council,” added Mr Kiran Jadhav, Distinguished Fellow of the IIT Alumni Council for Defence Vehicles. He is also the cofounder of Kanoji Shipyard which is designing and building India’s first VLCC with green fuel and nuclear options.
About IIT Alumni Council
IIT Alumni Council is the largest global body of alumni across all the twenty-three IITs. The Council aggregates the technological and philanthropic resources of over 50,000 alumni spread across one hundred city chapters. The IIT Alumni Council aspires to catalyse India’s technological renaissance. The Council supported initiatives are funded through the IIT Alumni Social Fund. Council members are aligned with the various mission organisations (social fund, alumni outreach and longevity missions) and mission facilitators (startup incubator, project management & advisory forum and research institute) www.iitalumnicouncil.org
About IIT Alumni Research Institute
IIT Alumni Research Institute is a mission organisation of the IIT Alumni Council. With over 500 distinguished fellows, over 250 industry partners and close to 100 academic partners – the Alumni Research Institute is establishing centres of excellence across twenty identified target industries, covering all the 64 advanced critical technologies. www.institute.net.in
To Know More: https://bit.ly/3SMMXTj
To interact with IIT Alumni Council, write to: media@iitalumnicouncil.org
(ADVERTORIAL DISCLAIMER: The above press release has been provided by PNN. ANI will not be responsible in any way for the content of the same)

Contents
WORLD MEDIA NETWORKPRESS RELEASE DISTRIBUTIONPress releases distribution in 166 countriesPress releases in all languagesPress releases in Indian LanguagesIndia PackagesEurope PackagesAsia PackagesMiddle East & Africa PackagesSouth America PackagesUSA & Canada PackagesOceania PackagesCis Countries PackagesWorld Packages

Disclaimer: This story is auto-generated from a syndicated feed of ANI; only the image & headline may have been reworked by News Services Division of World News Network Inc Ltd and Palghar News and Pune News and World News

sponsored by

WORLD MEDIA NETWORK


PRESS RELEASE DISTRIBUTION

Press releases distribution in 166 countries

EUROPE UK, INDIA, MIDDLE EAST, AFRICA, FRANCE, NETHERLANDS, BELGIUM, ITALY, SPAIN, GERMANY, AUSTRIA, SWITZERLAND, SOUTHEAST ASIA, JAPAN, SOUTH KOREA, GREATER CHINA, VIETNAM, THAILAND, INDONESIA, MALAYSIA, SOUTH AMERICA, RUSSIA, CIS COUNTRIES, AUSTRALIA, NEW ZEALAND AND MORE

Press releases in all languages

ENGLISH, GERMAN, DUTCH, FRENCH, PORTUGUESE, ARABIC, JAPANESE, and KOREAN CHINESE, VIETNAMESE, INDONESIAN, THAI, MALAY, RUSSIAN. ITALIAN, SPANISH AND AFRICAN LANGUAGES

Press releases in Indian Languages

HINDI, MARATHI, GUJARATI, TAMIL, TELUGU, BENGALI, KANNADA, ORIYA, PUNJABI, URDU, MALAYALAM
For more details and packages

Email - support@worldmedianetwork.uk
Website - worldmedianetwork.uk

India Packages

Read More

Europe Packages

Read More

Asia Packages

Read More

Middle East & Africa Packages

Read More

South America Packages

Read More

USA & Canada Packages

Read More

Oceania Packages

Read More

Cis Countries Packages

Read More

World Packages

Read More
sponsored by

You Might Also Like

One Year of ‘The Game of Choices: Khaayega Ya Lagayega?’: Cricket, Choices, and a Cult Following – World News Network

Innefu Labs Appoints Amir Sela, Former Sales Director of NSO Group, as its Head of International Sales – World News Network

TRAI responds to DoT’s queries on digital connectivity rating for buildings – World News Network

SRM University Delhi-NCR, Sonepat Alumnus Recognised on Forbes 30 Under 30 – World News Network

Market Cap of NSE-Listed companies increased sixfold in 11 years: NSE Chief – World News Network

Share This Article
Facebook Twitter Email Print
Previous Article Murshidabad violence: Mamata lied, alleges Union Minister Sukanta Majumdar after fact-finding report – World News Network
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Stay Connected

235.3kFollowersLike
69.1kFollowersFollow
11.6kFollowersPin
56.4kFollowersFollow
136kSubscribersSubscribe
4.4kFollowersFollow
- Advertisement -

Latest News

Experimental painkiller could outsmart opioids: Study – World News Network
Health 23 hours ago
Wendie Malick shares her working experience with Harrison Ford in ‘Shrinking’ – World News Network
Entertainment 23 hours ago
Aishwarya Rai Bachchan dons cape featuring Bhagavad Gita Shloka, adds depth of Indian wisdom to exuberance of Cannes – World News Network
Entertainment 23 hours ago
Megan Fox addresses “unplanned” pregnancy with Machine Gun Kelly – World News Network
Entertainment 23 hours ago

Sports

“If MI is playing, you should expect us to qualify”: Naman Dhir confident of Mumbai’s sixth IPL title – World News Network
Sports
‘Bumrah’s impact goes beyond stats’: Saba Karim praises MI’s dominance after crushing win over DC – World News Network
Sports

Popular Category

  • Business
  • Entertainment
  • Health
  • National
  • Videos
  • Gujarati

Popular Category

  • Hindi
  • Lifestyle
  • Marathi
  • National
  • Science
  • Sports
  • Tech
  • World

Entertainment

“Can’t just take film because they…”: Mani Ratnam on actors dubbing him “dream director” – World News Network
Entertainment
“Can’t just take film because they…”: Mani Ratnam on actors dubbing him “dream director” – World News Network
Entertainment
Copyright © 2023 World News Network. All Rights Reserved.
Join Us!

Subscribe to our newsletter and never miss our latest news, podcasts etc..

[mc4wp_form]
Zero spam, Unsubscribe at any time.
Welcome Back!

Sign in to your account

Lost your password?