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SHIPBREAKING INCENTIVES
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...- Maritime Week 2025: India's next ports of callIndia's maritime sector is set for major growth. The nation is transforming into a diversified trading power. This requires swift developme...
- 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...
- From railway expansion to shipbuilding reforms: Vaishnaw announces development projects worth Rs 94,000 croreThe Cabinet Committee on Economic Affairs has approved development projects worth Rs 94,000 crore. These projects include the doubling of a...
- India eyeing Bangladesh’s top spot with perks for recycling dying shipsIndia is set to introduce 40 billion rupees in incentives to revitalise its shipbreaking industry and regain market dominance from Banglade...
- 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...
- Shipbuilding, maritime funds likely soonThe Indian government is poised to introduce a ₹18,090 crore shipbuilding financial assistance policy and a ₹25,000 crore maritime developm...
- 'Bharat Container Line will help derisk overseas trade'India plans to launch Bharat Container Line to reduce reliance on foreign vessels and boost overseas trade. The initiative will start with ...
- Budget 2025 full speech: Read FM Nirmala Sitharaman's Union Budget address hereBudget 2025 Download full speech: The 2025-26 Budget introduces measures to accelerate growth, ensure inclusive development, and boost priv...
- ‘Strong support for India’s ports, shipping & logistics sectors’—Industry players laud Union Budget 2025The government proposes to revamp the Shipbuilding Financial Assistance Policy and establish a Rs 25,000 crore Maritime Development Fund
- Union Budget 2025: Indian shipping gets a budget bonanzaUnion Budget 2025: The Budget 2025-26 has introduced incentives for domestic shipbuilding, recycling, and inland waterways. Finance Ministe...
- For a larger slice of global pie, India seeks anchor role to turn local shipbuilding tideThe government intended to propose a new shipbuilding policy to the cabinet, featuring a recycling credit note scheme and fixed subsidies o...
- Maharashtra to set up four circular economy parks for major industriesThe government is ready to offer lots of incentives to early birds in the form of lower GST rates, lower power and water tariffs along with...
- Narendra Modi sees investment worth Rs 10,000 crore from national scrappage policyPrime Minister Narendra Modi, launching the national scrappage policy on Friday, said it will attract more than ₹10,000 crore in investment...
- Labour shortage impedes operations at Alang shipbreaking yards“There is no labour for loading, unloading and ship cutting. Imagine running this labour intensive unit with just 30% of workers,” said Har...
- Separate ministries expected to boost shipping and road sectorsThe bifurcation of the erstwhile ministry of shipping, road transport and highways into two separate departments under different ministers ...
- Come, feel the vibrancy of Gujarat: ModiAfter bagging Tatas’ Nano project last week, beating other states on the way, Mr Modi tells that Gujarat’s magnetism alone would drive inve...
- Blue Lady's fate uncertain as activists to challenge SCThey say the recent court order violates its earlier ruling against such ships.
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