India has become the world's leading ship recycling nation in 2025, capturing 35.4% of the global market and achieving a key target under the Maritime India Vision (MIV) 2030 well ahead of schedule. This milestone, driven by policy reforms and international compliance, positions India as a leader in sustainable ship recycling.
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- ›Global Share: 35.4%
- ›Ships Recycled (2025): 2.99 million GT
- ›Target this Data: India's global ship recycling share is 35.4% (2025), with 2.99 million GT recycled.
- ›Target this Nodal Body: Ministry of Ports, Shipping and Waterways (MoPSW).
- ›Target this Legal Point: Recycling of Ships Act, 2019 (aligns with Hong Kong International Convention).
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