December 29, 2025

“By strengthening shipbuilding and maritime capabilities, PM Modiji has ensured that India’s growth is anchored in self-reliance:” Sarbananda Sonowal

NEW DELHI : The Ministry of Ports, Shipping & Waterways (MoPSW) notified the operational guidelines for two major shipbuilding initiatives—the Shipbuilding Financial Assistance Scheme (SBFAS) and the Shipbuilding Development Scheme (SbDS)—aimed at strengthening India’s