₹70,000 Cr Boost! India’s Big Push for Shipbuilding & Maritime Growth | Shipping Secy Speaks |ET Now　 #ETNOW

India’s shipping sector gets a historic ₹70,000 crore boost as the Cabinet clears a mega shipbuilding & maritime package. Shipping Secretary T.K. Ramachandran calls it a turning point, unlocking 30 lakh+ jobs, export potential, and 4.5 million GT capacity expansion. With a Maritime Development Fund, shipbuilding incentives, and green ship subsidies, India aims to become a top global shipbuilding hub by 2030. Here’s the roadmap for Atmanirbhar Bharat in shipping.

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