India Becomes World’s Ship Recycling Capital Ahead of 2030 Goal
What Happened
India has emerged as the world’s largest ship recycling nation, increasing its global market share from 30.1% in 2024 to 35.4% in 2025. The country recycled 2.99 million gross tonnes (GT) of ships in 2025, nearly 60% higher than the previous year, achieving its Maritime India Vision 2030 target five years ahead of schedule. Gujarat's Alang-Sosiya cluster, which handles about 98% of India's ship recycling activity, remains the backbone of this success.
Key Takeaways
India is no longer just breaking ships, it is becoming a global hub for sustainable maritime recycling, strengthening steel supply chains, supporting the circular economy, and enhancing its maritime leadership.