shipbuilding | DD News

November 18, 2025 9:35 PM

Looking forward to host President Putin next month: PM Modi

Prime Minister Narendra Modi on Tuesday said he is looking forward to hosting Russian President Vladimir Putin in India next month. The statement came during a meeting with Nikolai Patrushev, Aide to the Russian President and Chairman of the Maritime Board of the Russian Federation, who called on him in New Delhi. The meeting focused on expanding cooperation in the maritime sector. Discussions covered connectivity, shipbuilding, skill development and the blue economy, in line with ongoing effor...

October 23, 2025 3:24 PM

PM Modi shares article highlighting India’s maritime ambition and green shipping leadership

Prime Minister Narendra Modi on Thursday shared an article by Union Minister for Ports, Shipping, and Waterways Sarbananda Sonowal, detailing how India’s growing and resilient industrial base - powered by the ‘Make in India’ initiative - and efforts to modernise, mechanise, and digitise ports are providing the nation with a unique strategic advantage along the busy east-west trade route. In a post on X, PM Modi said, “In this must-read article, Union Minister Shri Sarbananda Sonowal exp...

September 24, 2025 3:51 PM

Cabinet clears Rs.69,725 crore package to boost shipbuilding and maritime sector

The Union Cabinet, chaired by Prime Minister Narendra Modi, on Wednesday approved a comprehensive package worth Rs.69,725 crore to boost shipbuilding, maritime financing, and domestic capacity in India. The initiative is aimed at revitalising the country’s maritime sector through a four-pillar strategy that covers financing, infrastructure, technical development, and policy reforms. The package extends the Shipbuilding Financial Assistance Scheme (SBFAS) till March 31, 2036, with a total corp...