Wednesday, March 11

Govt to expand Maritime Development Fund to Rs 70k cr; eyes global shipbuilding rank

To boost maritime growth, the government is expanding the Maritime Development Fund to Rs 70,000 crore, supporting shipbuilding, port infrastructure, and shipping. The fund will use a blended finance model, combining government and commercial capital. India aims to become a top shipbuilding nation by 2047, requiring significant investment and infrastructure development.
  • News Source Indiatimes (Click to view full news): CLICK HERE
  • Share:

0 Comments:

Leave a Reply

Your email address will not be published. Required fields are marked *

Format: 987-654-3210