Announcement
24 Sep 2025
On 24 September 2025, the Indian government announced a package to support the development of India's shipbuilding and maritime sector.
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Number of interventions
6
6 certainly harmful
0 likely harmful
0 liberalising
List of interventions
Implementation date
24 Sep 2025
Revocation date:
31 Mar 2036
Announced: 24 Sep 2025
State aid, unspecified
In force
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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Announced: 24 Sep 2025
Loan guarantee
In force
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). The scheme includes funding worth ...
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Announced: 24 Sep 2025
Interest payment subsidy
In force
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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Announced: 24 Sep 2025
Financial grant
In force
On 24 September 2025, India's Union Cabinet of Ministers approved an extension of the Shipbuilding Financial Assistance Scheme (SBFAS) until 31 March 2036 with a total budget of 20'736 crore (approx. ...
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Implementation date
24 Sep 2025
Revocation date:
No revocation date
Announced: 24 Sep 2025
Financial investment support
In force
On 24 September 2025, the Indian Union Cabinet of Ministers approved the creation of a Maritime Investment Fund worth INR 20'000 crore (approx. USD 2.48 billion). The Fund will make equity investments...
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Announced: 24 Sep 2025
State aid, nes
In force
On 24 September 2025, the Indian Union Cabinet of Ministers approved a Shipbreaking Credit Note scheme with an allocation of INR 4'001 crore (approx. USD 450 million). The scheme will provide a credit...
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