In-principle nod to 2 maritime projects, including Rs 1,570 cr ship repair facility in GujaratTwo strategic maritime projects in Gujarat have received in-principle approval from the shipping ministry. A Rs 1,570-crore ship repair fac...
15 Jul, 2026, 05.41 PM IST
Ship-building scheme gets 12 applications seeking incentivesThe scheme, launched last September, aims to make domestic shipyards more competitive by bridging the cost arbitrage with foreign rivals in...
27 May, 2026, 12.58 AM IST
Indian ports turning into logistics and industrial hubs, shipping secretary tells investors in SingaporeIndia's ports are becoming major logistics hubs. Cargo capacity has doubled and will reach 3,500 million tonnes per annum by 2030. The nati...
22 Apr, 2026, 05.33 PM IST
'Shipbuilding schemes set for FY27 rollout': Sarbananda SonowalThe government will prioritize executing shipping schemes in 2026-27. Key goals include launching three shipbuilding schemes on time and ac...
05 Feb, 2026, 12.37 AM IST
Govt rolls out Rs 44,700 crore shipbuilding push to boost domestic maritime industryThe Centre has unveiled operational guidelines for the Shipbuilding Financial Assistance Scheme (SBFAS) and the Shipbuilding Development Sc...
27 Dec, 2025, 09.33 PM IST
Defence PSU Goa Shipyard to invest ₹1,500 crore in Andhra Pradesh greenfield facilityGoa Shipyard will invest ₹1,500 crore to build a new facility in Andhra Pradesh. This marks the company's first expansion outside Goa. The ...
15 Nov, 2025, 11.33 PM IST
From coast to capitalIndia's major ports have transformed into powerful trade engines over the past decade, driven by the Sagarmala Programme and policy reforms...
30 Oct, 2025, 07.44 PM IST
Exploring tax, policy measures to strengthen maritime sector: Sarbananda SonowalThe government actively explores tax and policy changes for India's maritime sector. A ₹70,000 crore plan will transform shipbuilding into ...
30 Sep, 2025, 12.10 AM IST
India’s Rs 70,000 crore push for maritime dominance echoes on D-Street. Are shipbuilders next multibaggers?India's ambitious Rs 70,000 crore maritime push, including infrastructure status for large ships, aims to revolutionize shipbuilding. This ...
25 Sep, 2025, 09.50 AM IST
SCI, Mazagon Dock and other shipping stocks in focus after Cabinet clears Rs 69,725 crore shipbuilding packageThe Union Cabinet cleared a ₹69,725 crore revival package for the shipbuilding industry. The plan, built on a four-pillar approach, aims to...
25 Sep, 2025, 09.28 AM IST
Cabinet approves Rs 69,725 crore package to transform India’s shipbuilding, maritime sectorThe Union Cabinet, led by Prime Minister Narendra Modi, has approved a Rs 69,725 crore package. This package aims to revitalize India's shi...
24 Sep, 2025, 06.50 PM IST
CSL to set-up Rs 15,000 shipyard in Tamil Nadu, signs MoUs with Korean partnersCochin Shipyard Limited plans a Rs 15,000 crore shipyard in Tamil Nadu with a Korean partner. The project aims to create 10,000 jobs. CSL a...
23 Sep, 2025, 02.59 PM IST
India and Japan agree to deepen maritime relationsIn a pivotal meeting, Union Minister Sarbananda Sonowal engaged with Japan's Vice Minister Terada Yoshimichi, focusing on enhancing maritim...
02 Jun, 2025, 06.54 PM IST
State ports plan a sea change in capacity, submit Rs 2 lakh cr expansion proposals to CentreState government-controlled ports in India plan to invest over Rs 2 lakh crore to expand cargo handling capacity to 10,000 million tonnes a...
16 Oct, 2024, 06.00 AM IST
"Day not far when India will be among top three economies": PM Modi at Global Maritime India SummitUnderlining the importance of the country's maritime sector, PM Modi said, "History bears witness that whenever India's maritime capability...
17 Oct, 2023, 12.52 PM IST
India and US agree to enhance cooperation in port developmentThe Sagarmala project with 150 projects have potential of mobilising $50-60 Billion of infrastructure investment and another $100 Billion o...
19 Jul, 2016, 11.34 AM IST
Maharashtra unveils new Port PolicyThe Maharashtra government has unveiled its new comprehensive policy for the development of port sector empowering the Maharashtra Maritime...
25 Jan, 2016, 10.00 PM IST