India: New shipbuilding scheme likely after 2026, with higher incentives

The Ship Building Financial Assistance Policy that lapses in 2026 is expected to be replaced with a new scheme with expanded incentives for 10 years, two people aware of the matter said. The move aligns with the Union government’s plans to develop India’s blue economy, or the sustainable use of ocean resources, and positioning the … Continue reading India: New shipbuilding scheme likely after 2026, with higher incentives