The Government of India has officially notified detailed guidelines for two shipbuilding initiatives, a combined outlay of over ₹44,700 crore. Released by the Ministry of Ports, Shipping and Waterways (MoPSW), the Shipbuilding Financial Assistance Scheme (SBFAS) and the Shipbuilding Development Scheme (SbDS) aim to transform India into a global maritime powerhouse by reviving domestic yards and deepening industrial linkages. #GovernmentofIndia #Shipbuilding #shipping #recycling #infrastructure #MoPSW #SBFAS #SbDS #globalmaritimepowerhouse