Centre Unveils 2 Major Initiatives Worth Rs 44,700 Crore To Boost India’s Shipbuilding Capacity

Dec 28, 2025 - 10:11
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Centre Unveils 2 Major Initiatives Worth Rs 44,700 Crore To Boost India’s Shipbuilding Capacity
Under the Shipbuilding Financial Assistance Scheme (SBFAS), which has a total corpus of Rs 24,736 crore, the government will provide financial assistance ranging from 15 per cent to 25 per cent per vessel, depending on the vessel category.  

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