
Govt sets sail ₹70,000 cr mega financial package for shipping
Published on: Aug. 24, 2025, 4:45 p.m. | Source: Livemint
The government plans a ₹70,000-crore package to boost shipbuilding and port infrastructure, including funding for a shipping cluster and financial assistance schemes. The initiative aims to make India a global shipbuilding hub and increase the share of Indian-built ships in the fleet by 2047.