The Union Cabinet cleared a ₹69,725 crore revival package for the shipbuilding industry. The plan, built on a four-pillar approach, aims to boost domestic capacity, ease financing, support shipyard development, enhance technical skills, and roll out legal, tax, and policy reforms to strengthen India’s maritime ecosystem.
Finance
September 25, 2025
SCI, Mazagon Dock and other shipping stocks in focus after Cabinet clears Rs 69,725 crore shipbuilding package
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