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NATIONAL SHIPBUILDING MISSION
Rekise Marine raises $9.7 million from Accel, NKSquared to build autonomous naval platformsBengaluru-based Rekise Marine secured $9.7 million from Accel and NKSquared. The funding will accelerate the development of autonomous ship...- International ties purposefully structured to serve India's youth: PM ModiPrime Minister Narendra Modi emphasized India's international partnerships are designed to benefit its youth and technological progress. Gl...
- UN event highlights India-Oman maritime ties through maiden voyage of stitched sail vessel INSV KaundinyaA UN event celebrated the INSV Kaundinya's voyage from Porbandar to Muscat. This journey highlighted India's ancient maritime trade routes ...
- Operation Sindoor: India marks first anniversary of its most expansive multi-domain combat mission in half a centuryOperation Sindoor, launched after the Pahalgam attack, redefined India's security. It utilized drones and AI, prompting a military upgrade....
- 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...
- India’s 3rd desi nuclear-powered submarine: How INS Aridhaman boosts Navy’s power & what it means for Indo-Pacific securityINS Aridhaman: India has significantly strengthened its naval capabilities with the commissioning of the nuclear-powered submarine INS Arid...
- 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...
- US Navy announces new ship project under Trump’s “golden fleet” planSynopsis - The US Navy plans to build a new warship under Trump’s Golden Fleet program to boost American shipbuilding. The move aims to fix...
- Sagarmala Finance Corporation to raise ₹8,000 crore this fiscalSagarmala Finance Corporation Ltd will raise up to ₹8,000 crore this fiscal year. The company's board approved a ₹25,000 crore borrowing li...
- Sagarmala Finance to raise ₹8,000 crore to boost maritime infrastructureSagarmala Finance Corporation Limited plans to raise Rs 8,000 crore this financial year. Funds will be sourced from banks, financial instit...
- Fuelling the future: Why India needs maritime muscle as its oil thirst growsIndia heavily relies on imports for its energy needs, importing nearly 89% of its crude oil. Despite being a major exporter of refined prod...
- Desi shipbuilders plan to augment local sourcing of key componentsIndian shipbuilders are boosting local component sourcing. This aligns with the government's 'Make in India' initiative for the maritime se...
- Shipping Ministry planning new scheme for ship building, repair industry: Sarbananda SonowalUnion Minister Sarbananda Sonowal announced a National Shipbuilding Mission to save Rs 4.50 lakh crore annually in freight charges and crea...
- Companies can avail all shipbuilding sops simultaneouslyThe government has approved a ₹70,000 crore package for shipping and maritime sectors. Companies can now avail incentives under all schemes...
- 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...
- Cabinet gives nod to Rs 69,725 crore incentives for maritime sectorThe Union Cabinet has approved Rs 69,725 crore for shipping and maritime development. This includes a maritime development fund and shipbui...
- 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...
- Govt committed to positioning India as shipbuilding hub: Sahntanu ThakurIndia aims to become a top shipbuilding hub by 2047, driving its blue economy through strategic initiatives and investments. Maharashtra is...
- Lot of resources been shifted from other arms of PLA to its navy: Indian Navy chiefThe white paper titled 'China's National Defence in the New Era', released in Beijing on Wednesday, touched upon various aspects of its mil...
- National Security Cutter James: Know about US Coast Guard's latest shipNational Security Cutters, the flagships of the Coast Guard's cutter fleet, are designed to replace the 378-foot Hamilton-class high-endura...
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