Govt To Allocate ₹30,000 Cr For Maritime Development

The Indian government has announced the establishment of a ₹30,000 crore Maritime Development Fund aimed at enhancing the shipbuilding and repair sector. This initiative, revealed by Union Minister for Ports, Shipping, and Waterways Sarbananda Sonowal, is part of a broader strategy to transform India into a global maritime hub and reduce dependence on foreign ships.The fund will support the
The Indian government has announced the establishment of a ₹30,000 crore Maritime Development Fund aimed at enhancing the shipbuilding and repair sector. This initiative, revealed by Union Minister for Ports, Shipping, and Waterways Sarbananda Sonowal, is part of a broader strategy to transform India into a global maritime hub and reduce dependence on foreign ships.The fund will support the
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