Cochin Shipyard (CSL) plans to raise Rs 6,000 crore over the next five to six years to support its expansion in shipbuilding, ship repair, and other ventures.

Funding will come from various sources, including government schemes, multilateral loans, blue bonds, and internal accruals. CSL’s robust order pipeline and new contracts have fuelled this growth, with particular focus on strengthening its position in the global commercial vessel market. The company is also evaluating a greenfield shipyard project, expected to require an investment of USD two to three billion.

For project-linked funding, CSL will leverage the Shipbuilding Financial Assistance (SBFA) policy, offering subsidies to improve profitability. Additionally, CSL is exploring low-cost loans from East Asian countries, and has initiated steps to issue USD 50 million in blue bonds. Despite diversification into commercial shipbuilding, defence contracts continue to form the core of CSL’s order book.