💹 Economy & FinanceMAINS · GS3.8 · GS3.14

India now breaks up more ships than anyone else

India became the world's leading ship recycling nation in 2025, lifting its global share from 30.1 to 35.4 per cent and volume from 1.86 to 2.99 million gross tons — an industry rebuilt around the Hong Kong Convention.

What happened

For Prelims

For UPSC: A strong circular-economy and maritime card. Use it for the Hong Kong Convention and the Recycling of Ships Act 2019, secondary steel and import substitution, occupational safety in hazardous industries, and the environmental justice critique of beaching.
What it is NOT: Market leadership is a volume statistic, not a certification of conditions — the Hong Kong Convention sets the framework, but compliance at yard level and worker safety outcomes are separate questions the backgrounder does not quantify.

For Mains

Syllabus: GS3.8 · GS3.14 · Linkage L2

Anchor
The end of a ship's life is where a maritime economy shows whether its standards are real.
Substantiation (data)
Share up from 30.1 to 35.4 per cent and volume from 1.86 to 2.99 million gross tons in a single year, with Alang-Sosiya carrying the capacity.
Exemplification
Recovered steel feeds re-rolling mills and reduces imported raw material, with recycled steel needing far less energy than primary production.
Problematisation
Beaching remains the dominant method, and the industry's history of occupational injury and hazardous exposure is not answered by market share.
Way-forward
Publish yard-level compliance and injury data, complete the transition to impermeable floors and containment, and certify yards against the Convention independently.
Position
A circular economy is only circular if the workers closing the loop are counted inside it.
Deploys into: Industrial policy + conservation (GS3.8, GS3.14) · the Hong Kong Convention and the Recycling of Ships Act 2019, secondary steel and import substitution, and occupational safety.
PIB Backgrounder · 2026-08-11 · PRID 2297515 · PIB source ↗
Related: Economy & Finance · this week's cards · Maritime economy