India’s Ambitious Plan to Dominate Shipbuilding: A 25,000 Crore Maritime Development Fund and More

India is setting its sights on becoming a global shipbuilding powerhouse with an ambitious plan that includes a 25,000 crore Maritime Development Fund, a National Shipbuilding Mission, and purchase preferences for domestically built vessels. The goal is to boost domestic shipbuilding, reduce reliance on foreign vessels, and increase India’s share in sea-borne trade. This strategy aims to drive the country’s maritime sector towards self-reliance and economic growth.

Scroll to Top