Reforms Driving Growth in Shipbuilding and Maritime Infrastructure
On 24th September 2025, in a landmark decision aimed at revitalising India’s maritime economy, the Union Cabinet approved a sweeping reform package worth Rs 69,725 crore to strengthen the shipbuilding industry and modernise the country’s maritime infrastructure.
Aim
- The initiative is designed to transform India into a global hub for shipbuilding, repair, and maritime services, while generating massive employment and investment opportunities.
Four-pillar Reform Strategy
- Domestic Capacity and Infrastructure: Strengthening existing shipyards, building new facilities, and scaling up gross tonnage capacity.
- Long-Term Financing: Establishing dedicated funds to support capital-intensive shipbuilding projects.
- Greenfield and Brownfield Development: Supporting new investments while modernising older shipyards.
- Skill ....
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