In India the shipyards are classified as private sector, public sector and Government owned defence yards. The leading private sector yards are ABG, Bharati, Tebma, Pipavav, L&T and others. Hindustan Shipyard Ltd (HSL) and Cochin Shipyard Ltd. (CSL) are the well established public sector yards, whereas Garden Reach Shipyard (GRSE), Goa Shipyard Ltd. (GSL) and Mazagaon Shipyard are government owned shipyards catering mainly to the Indian Navy.

The Shipping industry is witnessing large scale oversupply. This has led to a large number of ships idling without any firm contract. There is large number of deliveries; however there has been very little increment in the demand. Hence the utilization level of ocean going ships has reduced to all time low, especially Bulk carrier and container ships.

This has also led to lower charter rates leading to lower earning potential for the companies deployed in these trades. Hence due to poor market outlook, most of the shipping companies have shelved their expansion or new acquisition plans. India has witnessed new orders placed by government owned companies. The volume of new building orders is not very large to increase capacity utilisation of Indian shipyards. Still, they are a big hope for the shipbuilding industry of India. 

Some of the new building activity can be witnessed in specialized ships deployed for inland or river-sea class, ships acquired by ports and smaller ships acquired by Indian Navy and Coast Guard. Indian Shipyards could target to build specialized ships. Majority of orders in these categories are from government, hence having a track record for new building of ships in these categories is very essential. For new shipyards with no track record, having a technology transfer agreement or technology support agreement with a established shipyards is a good option. 

Following is the list of ships ordered on Indian Shipyards since 2009. As can be seen in the table most of the orders are from the government agencies.