Global Trade Alert
Global Trade Alert

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

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.

Source

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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

Updated: 29 Sep 2025
State aid, unspecified In force

Recent update from 29 Sep 2025:

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 ...

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Updated: 29 Sep 2025
Loan guarantee In force

Recent update from 29 Sep 2025:

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 wor...

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Updated: 29 Sep 2025
Interest payment subsidy In force

Recent update from 29 Sep 2025:

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 ...

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Updated: 29 Sep 2025
Financial grant In force

Recent update from 29 Sep 2025:

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 (appro...

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Implementation date

24 Sep 2025

Revocation date:

No revocation date

Updated: 29 Sep 2025
Capital injection and equity stakes (including bailouts) In force

Recent update from 29 Sep 2025:

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 investme...

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Updated: 29 Sep 2025
State aid, nes In force

Recent update from 29 Sep 2025:

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 cre...

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