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India: Package worth INR 69'725 crore announced to support India's shipbuilding sector

Description

On 24 September 2025, the Indian Union Cabinet of Ministers approved the creation of an Interest Incentivization Fund worth INR 5'000 crore (approx. USD 563 million). The Fund will be active until 31 ...

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Intervention Details

Intervention Type

Interest payment subsidy

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

24 Sep 2025

Revocation date

31 Mar 2036

Implementation level

National

Affected flow

Inward

Announced as temporary

Yes

Eligible firms

all

Affected Trading Partners

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