Cabinet approves Rs 69,725 crore for shipbuilding and maritime sector

Cabinet approves Rs 69,725 crore for shipbuilding and maritime sector

The Union Cabinet, chaired by Prime Minister Narendra Modi, today, September 24, approved a comprehensive package of Rs 69,725 crore to revitalise India’s shipbuilding and maritime ecosystem.  The overall package is expected to unlock 4.5 million Gross Tonnage of shipbuilding capacity, generate nearly 30 lakh jobs, and attract investments of approximately Rs 4.5 lakh crore…

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