January 24, 2026
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MoPSW holds Stakeholder Consultation to finalise Shipbuilding Scheme Guidelines

December 6, 2025 Maritime, Ship Building, Shipping Line, Shipyards, Trade, Trending News
NEW DELHI: The Ministry of Ports, Shipping and Waterways (MoPSW) convened a crucial stakeholder consultation meeting on Friday, 5th December, 2025 in New Delhi, led by Shri Vijay Kumar (IAS), Secretary, MoPSW, to advance

India, South Korea explore shipbuilding partnership combining Korean tech and India’s manufact…

November 15, 2025 Maritime, Ship Building, Shipping, Shipping Line, Technology, Trending News
NEW DELHI: India and South Korea discussed on Friday how the combination of Korea’s advanced shipbuilding technologies and India’s manufacturing base and lower production costs can lead to a mutually beneficial partnership that serves

Union Budget 2025-26: Boost to shipping and aviation sector

February 5, 2025 Ship Building, Aviation, Shipping, Trade, Trending News
NEW DELHI : For long-term financing for the maritime industry, the Union Finance Minister Smt. Nirmala Sitharaman has proposed to set up a Maritime Development Fund with a corpus of Rs 25,000 crore. Announcing

India working on ₹25,000 cr maritime fund & shipbuilding reforms to transform industry : Sarban…

September 24, 2024 Maritime, Ship Building, Trade, Trending News
NEW DELHI : The Shipping Ministry has carried out a detailed study and has got inputs from multiple stakeholders, and is in the process of “finalising schemes for assisting shipbuilding.” This includes setting up

Rs 25k Cr Shipbuilding fund set to be cleared to grow Blue Water Economy in India

September 10, 2024 Maritime, Economy, Finance, Ship Building, Shipping, Trade, Trending News
NEW DELHI : Indian Government may approve a proposal for a ₹25,000-crore Maritime Development Fund this month for providing long-term and low-cost financial support for indigenous ship-building and other blue water infrastructure projects, two persons

Budget 2024 : FM to announce a Maritime Development Fund or not, to ease financing woes of fleet own…

January 29, 2024 Trade, Economy, Maritime, Trending News
NEW DELHI : The government’s policy managers are working on the contours of a Maritime Development Fund or MDF that seeks to extend low-cost, long-term capital to the sector, backing India’s ambitions to become



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