Cochin Shipyard invests in maritime startup under USHUS programme
AI Summary
Cochin Shipyard Limited has invested in the Indian maritime startup Maritech Integrated Maritime Private Limited by acquiring a 5% stake under the USHUS programme. This investment supports innovation and digitalization in India's maritime sector, aligning with government efforts to promote indigenous technology-driven maritime entrepreneurship.
Cochin Shipyard Limited has signed an agreement to acquire a 5% stake in Maritech Integrated Maritime Private Limited under its USHUS startup programme. The investment supports India’s push for innovation and digitalisation in the maritime sector. CSL said the USHUS programme aligns with the Indian government’s vision to promote entrepreneurship, indigenisation and technology-driven maritime startups. […] The post Cochin Shipyard invests in maritime startup under USHUS programme appeared first on Container News.