In a major boost to India’s maritime ambitions, the Ministry of Ports, Shipping and Waterways (MoPSW) has notified operational guidelines for two flagship initiatives aimed at revitalising the domestic shipbuilding ecosystem. With a combined financial outlay of ₹44,700 crore, the Shipbuilding Financial Assistance Scheme (SBFAS) and the Shipbuilding Development Scheme…
Tag: #MaritimeIndia
News
₹69,725 Cr Shipbuilding Package to Create 22 Lakh Jobs
The Union Government has approved a comprehensive ₹69,725 crore Shipbuilding and Ship Recycling Package aimed at transforming India into a globally competitive maritime manufacturing hub. The package adopts a four-pillar strategy focusing on domestic capacity expansion, maritime financing, shipyard development, skilling, and systemic reforms. The announcement was made by Union…
News
IIT Guwahati Launches Advanced Underwater Welding Program
Union Minister for Ports, Shipping & Waterways Shri Sarbananda Sonowal inaugurated a new Underwater Welding, Offshore Repair and Additive Manufacturing (3D printing) programme at IIT Guwahati on November 22, 2025. The initiative, supported by the Indian Register of Shipping (IRS) and hosted at IITG’s Technology Innovation Hub, aims to create…
News
PM Invites Global Investors to India’s Maritime Renaissance
Kevadia, Gujarat, October 31, 2025: Prime Minister Narendra Modi has called on global investors to participate in India’s emerging maritime revolution, describing the nation as the “perfect harbour” for maritime investments. India: The Perfect Harbour for Investment Sharing his thoughts in a detailed LinkedIn post, the Prime Minister outlined India’s…
News
PM Shares Highlights from Maritime Leaders Conclave 2025
Prime Minister Narendra Modi on Wednesday shared excerpts of his address at the Maritime Leaders Conclave held in Mumbai, praising the rapid strides India has made in the maritime sector and underlining the need for next-generation reforms to boost investor confidence and inclusive development. Glimpses and key messages The Prime…
News
India Maritime Week 2025: Green Shipping, Ports & Defence PPP
India Maritime Week (IMW) 2025 in Mumbai delivered a string of high-impact announcements as the government doubled down on a green, digital and security-focused maritime agenda. Key outcomes included the launch of Green & Digital Shipping Corridors (GDSCs) with Singapore and Rotterdam, India’s first national shore-power standard, enhanced ties with…
News
India Maritime Week 2025 Kicks Off in Mumbai
Mumbai is set to host India Maritime Week 2025 (IMW 2025) from 27th to 31st October at NESCO Grounds, emerging as the world’s largest maritime gathering. Under the theme “Uniting Oceans, One Maritime Vision”, the event highlights India’s ambition to become a global maritime hub and a leader in the…