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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 Shipbuilding Development Scheme (SbDS) with a budget of INR 19'989 crore (USD 2.25 billion) until 31 March 2036. The scheme inc...

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Intervention Details

Intervention Type

State aid, unspecified

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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Affected Products

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