December 28, 2025 11:51 AM
Govt notifies guidelines for shipbuilding assistance, development schemes; ₹44,700 crore outlay to boost capacity
The Ministry of Ports, Shipping and Waterways (MoPSW) has notified the operational guidelines for two major shipbuilding initiatives — the Shipbuilding Financial Assistance Scheme (SBFAS) and the Shipbuilding Development Scheme (SbDS) — aimed at strengthening India’s domestic shipbuilding capacity and enhancing its global competitiveness. Together, the schemes involve a total outlay of ₹44,725 crore and provide a transparent, accountable framework for implementation. Union Minister for ...