The scheme, launched last September, aims to make domestic shipyards more competitive by bridging the cost arbitrage with foreign rivals in...

India plans a major shipbuilding cluster in Andhra Pradesh with ₹30,000 crore investment. This move aims to boost the Indian fleet size. Pr...

The Andhra Pradesh government has approved over 500 crore rupees for acquiring more than 2,000 acres of land. This land is for the Dugaraja...

The government will prioritize executing shipping schemes in 2026-27. Key goals include launching three shipbuilding schemes on time and ac...

V.O. Chidambaranar Port Authority has formed a special purpose vehicle for a mega shipbuilding cluster at Tuticorin. This joint venture wit...

The Centre has unveiled operational guidelines for the Shipbuilding Financial Assistance Scheme (SBFAS) and the Shipbuilding Development Sc...

The government has approved a ₹70,000 crore package for shipping and maritime sectors. Companies can now avail incentives under all schemes...

The Union Cabinet has approved Rs 69,725 crore for shipping and maritime development. This includes a maritime development fund and shipbui...

India aims to become a top shipbuilding hub by 2047, driving its blue economy through strategic initiatives and investments. Maharashtra is...

Mitsui OSK Lines (MOL) is in discussions with the Indian government to construct ships in India, aiming to contribute to the nation's marit...

India plans to launch Bharat Container Line to reduce reliance on foreign vessels and boost overseas trade. The initiative will start with ...

India is set to boost its shipbuilding industry with the announcement of a ₹25,000-crore Maritime Development Fund and development of new s...

The government proposes to revamp the Shipbuilding Financial Assistance Policy and establish a Rs 25,000 crore Maritime Development Fund

Union Budget 2025: The Budget 2025-26 has introduced incentives for domestic shipbuilding, recycling, and inland waterways. Finance Ministe...

India is launching a ₹30,000 crore Maritime Development Fund to bolster its shipbuilding industry and aims to lead the world in ship recycl...

The government intended to propose a new shipbuilding policy to the cabinet, featuring a recycling credit note scheme and fixed subsidies o...

The government has proposed a major ports bill, which is under discussion, to empower ports to set their own tariffs, Kumar said. It would ...