Within the framework of a competitive and dynamic business environment, in which talent management and skills management practices have been identified to influence the performance of employees in Indian defense shipyards. Quantitative, cross-sectional research design was chosen, and data were collected using a sample of 300 employees, including engineers, technicians and HR professionals using a structured questionnaire on the basis of a five-point Likert scale. The stratified random sampling was used to make sure that the representation in different functional areas is achieved. Descriptive statistics, reliability analysis (Cronbachs alpha), correlation analysis and multiple regression analysis were used to analyze the collected data using statistical software. The results showed that constructs are highly reliable with the alpha values of Cronbach being above 0.85. The results of the correlation showed that there was a significant positive relationship between the talent management, skills management and employee performance. Moreover, regression analysis revealed that talent management as well as skills management had a significant impact on employee performance. The results indicated that successful combination of talent and skills management practices led to improved employee engagement, motivation, and productivity. The research findings concluded that the workforce performance and long-term organizational success was greater in organizations that strategically invested in organized talent development and ongoing skill advancement. The study had the benefit of contributing to the existing literature by giving an empirical evidence on the combined impact of talent and skills management and gave practical implications to the HR professionals and organizational leaders.