The market is dominated by foreign suppliers, as imports account for 89.8% of total market size in 2022. B2B drives market demand, with B2B spending representing 99.5% of total demand in 2022. India has the seventh largest market size for ships and boats regionally, with demand reaching USD3.4 billion in 2022. Cochin Shipyard Ltd is the largest company in India, generating 12.3% of the industry’s total production value in 2022. The industry is fragmented, with the top five companies generating 34.6% of total production value in 2022. The total number of companies decreases in 2022, to 32,421 units. The costs of the industry decrease by 2.5% in 2022, largely driven by declining B2B costs. The industry’s profitability increases and stands at 2.8% of production value in 2022, the 19th highest regionally. The industry’s exports share increases in 2022 to 76.1% of total production output. With production value of USD1.4 billion, India accounts for 0.9% of the Asia Pacific total in 2022.
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This Euromonitor industrial report provides unique information on Ships and Boats in India: ISIC 351. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Ships and Boats in India: ISIC 351 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
This is the aggregation of aircraft and spacecraft, motors vehicles, trailers and semi-trailers, motocycles, bicycles and other transport equipment, railway and tramway locomotives and rolling stock, and ships and boats.
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