ReferIndia News Shipping Ministry planning new scheme for ship building, repair industry: Sarbananda Sonowal

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Shipping Ministry planning new scheme for ship building, repair industry: Sarbananda Sonowal

Published on: Sept. 26, 2025, 6:25 p.m. | Source: The Economic Times

Union Minister Sarbananda Sonowal announced a National Shipbuilding Mission to save Rs 4.50 lakh crore annually in freight charges and create 25-30 lakh jobs. This initiative, part of a Rs 70,000 crore three-pronged strategy, includes a new India Ship Technology Centre to boost the nation's maritime sector and self-reliance.

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