The Government of India has officially notified detailed guidelines for two shipbuilding initiatives, a combined outlay of over ₹44,700 crore. Released by the Ministry of Ports, Shipping and Waterways (MoPSW), the Shipbuilding Financial Assistance Scheme (SBFAS) and the Shipbuilding Development Scheme (SbDS) aim to transform India into a global maritime powerhouse by reviving domestic yards and deepening industrial linkages.

#governmentofindia #shipbuilding #shipping #recycling #infrastructure #mopsw #sbfas #sbds #globalmaritimepowerhouse

Govt notifies guidelines for ₹44,700 crore twin shipbuilding initiatives
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Govt notifies guidelines for ₹44,700 crore twin shipbuilding initiatives

Both schemes are set to remain valid until March 31, 2036, with an in-principle extension planned through 2047.

India took a major step towards a sustainable and globally connected maritime future as the Ministry of Ports, Shipping and Waterways (MoPSW) led the opening of India Maritime Week 2025 in Mumbai. The first day witnessed the signing of landmark agreements worth about ₹55,000 crore with leading Indian and global companies, reinforcing the country’s commitment to green shipping, innovation, and investment-driven growth.

#indiamaritimeweek #mopsw #greenshipping #shipping #sustainableports #maritime #mumbai #india #netherlands

India, Netherlands ink green maritime MoUs at IMW 2025
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India, Netherlands ink green maritime MoUs at IMW 2025

Agreements worth ₹55,000 crore mark India’s push for sustainable ports, shipbuilding, and digital growth.

The Jawaharlal Nehru Port Authority (JNPA) and the Indian Ports Association (IPA), under the Ministry of Ports, Shipping and Waterways (MoPSW), hosted the “Leaders’ Dialogue on Green & Digital Maritime Corridors” in Mumbai on 12 August 2025. The event brought together over 300 delegates from India and abroad to set the stage for India Maritime Week 2025, to be held from 27 to 31 October in Mumbai.

#jnpa #ipa #jawaharlalnehruportauthority #indianportsassociation #indiamaritimeweek #shipping #mopsw #mumbai

JNPA & IPA hold leaders dialogue on green, digital shipping in Mumbai
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JNPA & IPA hold leaders dialogue on green, digital shipping in Mumbai

The dialogue featured sessions on maritime reforms, infrastructure, and international cooperation.

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