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Infrastructure Status for Large Ships
September 26 , 2025
15 hrs 0 min
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- The Indian government has granted infrastructure status to large commercial ships under the Harmonized Master List of Infrastructure.
- Commercial vessels with a gross tonnage of 10,000 or more under Indian ownership and flag now qualify for this status.
- Ships built in India with a gross tonnage of 1,500 or more also qualify.
- Infrastructure status offers benefits such as easier overseas borrowing, tax-free bonds, and access to dedicated lenders like the India Infrastructure Finance Company Limited (IIFCL).
- Large ships are included as a transport and logistics sub-sector in the harmonized master list, which now contains 38 sub-sectors.
- The 2025-26 Budget announced a ₹25,000 crore Maritime Development Fund to support ship acquisition and industry growth.
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