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    • Question

      What is the share of India in the global ship recycling

      market, making it the 3rd largest ship recycler?
      A 25% Correct Answer Incorrect Answer
      B 30% Correct Answer Incorrect Answer
      C 32% Correct Answer Incorrect Answer
      D 28% Correct Answer Incorrect Answer
      E 35% Correct Answer Incorrect Answer

      Solution

      India accounts for 30% of the global ship recycling market , ranking third globally . The Alang shipyard is a key contributor to this sector, with policy support from tax holidays, FDI liberalisation, and infrastructure development initiatives aimed at increasing ship recycling and manufacturing capacities.

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