India becomes world's largest ship recycling nation ahead of 2030 target

India has surged to become the world's leading ship recycler, surpassing its Maritime India Vision 2030 target. Ship recycling volume jumped significantly in 2025, boosting India's global share to over 35%. This achievement solidifies the nation's role as a key player in responsible and sustainable ship dismantling, with ambitious plans to further expand capacity at the Alang Ship Recycling Yard to meet growing global demand.