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Shipbuilding Financial Assistance Scheme Guidelines 2025
January 1 , 2026
15 hrs 0 min
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- The Ministry of Ports, Shipping and Waterways (MoPSW) notified guidelines for the Shipbuilding Financial Assistance Scheme (SBFAS) and the Shipbuilding Development Scheme (SbDS).
- The two schemes have a combined outlay of ₹44,700 crore to strengthen India’s domestic shipbuilding capacity and global competitiveness.
- Under SBFAS, financial assistance of 15%–25% per vessel will be given, based on vessel type, with a total corpus of ₹24,736 crore.
- SBFAS also introduces a Shipbreaking Credit Note, offering 40% of scrap value to ship owners scrapping vessels in Indian yards.
- The SbDS, with an outlay of ₹19,989 crore, focuses on modernising shipyards, greenfield shipbuilding clusters, and maritime research infrastructure.
- Both schemes will remain valid till 31 March 2036, with an in-principle extension planned up to 2047.
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