# Korea Marine Equipment Association Opens India Office

> Korea Marine Equipment Association opens Mumbai office to boost Indian shipbuilding with tech and parts.
- Title: Korea Marine Equipment Association Opens India Office
- Summary: Korea Marine Equipment Association opens Mumbai office to boost Indian shipbuilding with tech and parts. Korea Marine Equipment Association will open an…
- Keywords: korea marine equipment association, india office, mumbai, shipbuilding, technology transfer, marine equipment, Korea, Marine, Equipment, Association, Opens, India
- Source: The Economic Times — https://economictimes.indiatimes.com/industry/transportation/shipping-/-transport/korea-marine-equipment-association-to-open-india-office-coming-friday-shipping-ministry/articleshow/135215673.cms
- Author: Twesh Mishra
- Published: 2026-10-26T16:38:00+00:00
- Read time: 1 min
- Topics: korea marine equipment association, india office, mumbai, shipbuilding, technology transfer, marine equipment
## KOMEA opens Mumbai office
Korea Marine Equipment Association opens first India office in Mumbai Friday.
## Collaboration plans for Indian yards
KOMEA offers work with Indian yards on design, modernization, technology transfer, joint education programs, and local manufacture of marine equipment and spare parts.
## Minister highlights shipbuilding growth
Shipping minister says India approved $7.8 billion shipbuilding package in September 2025 with 40% output rise in 2025 and 80% growth in 2026.
## Future shipbuilding pipeline
Shipping ministry reports 400 vessels worth $23 billion to Indian shipyards in next 10 years with 120 ships worth $1.27 billion already in pipeline.
## Key takeaway

Korea Marine Equipment Association will open an India office to collaborate on shipbuilding technology and parts with Indian yards.