· Policy & Manufacturing · Source: thehindubusinessline.com

Centre notifies guidelines for two shipbuilding initiatives with an outlay of ₹44,700 crore

The Centre has notified guidelines for two shipbuilding initiatives—the Shipbuilding Financial Assistance Scheme (SBFAS) and Shipbuilding Development Scheme (SbDS)—with a combined outlay of ₹44,700 crore. The move, part of a ₹69,725 crore maritime package, aims to strengthen India’s shipbuilding capacity, enhance global competitiveness, and improve project bankability through government-backed credit risk coverage.

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