The price of a magnetic compass in India varies depending on brand, type, and certification. Basic models for small vessels or recreational boats are typically more affordable, while certified compasses for large commercial vessels, tugboats, or ships can be more expensive. Prices generally range from a few thousand to lakhs of rupees.
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For fishing boats, affordable magnetic compasses are available in compact sizes with reliable accuracy. These compasses may not carry full IMO approval but can meet BIS or local safety standards. Available from marine stores in coastal states, they are easy to install and ideal for short voyages.
Taiyo compasses are well-suited for small to mid-sized vessels, offering consistent accuracy in challenging sea conditions. Indian marine markets prefer Taiyo for its cost-effectiveness and solid performance. Calibration services are widely available for Taiyo models.