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
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
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
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
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
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