Industry calls Centre’s ₹69,000 Cr maritime package transformative, Sonowal hails PM’s vision

India’s shipbuilding industry is poised for a major boost following the government’s approval of a ₹69,725 crore stimulus package. This initiative aims to enhance domestic capacity, improve financing, and support shipyard development, potentially generating 30 lakh jobs and attracting ₹4.5 lakh crore in investments.

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