The National Vision
Maritime India Vision 2030 & Maritime Amrit Kaal Vision 2047
Clearly defined Central and State policies are in place, translating these two vision documents into measurable targets for global ranking, annual production and employment.
Vision 2030
View the vision document ↗Top 10
by 2030
Global Ranking
2024-25 baseline: 16th
Top 5
by 2047
0.6 Mn GT
by 2030
Annual Production
2024-25 baseline: 0.05 Mn GT (~0.06% global share)
4.5 Mn GT
by 2047
2+ Mn jobs
by 2030
Employment Generation
Direct + indirect maritime jobs
15 Mn jobs
by 2047
Vision 2047
View the vision document ↗Clearly defined Central and State policies are in place to convert this vision into a funded, investible programme.
Source: Maritime India Vision 2030 & Maritime Amrit Kaal Vision 2047 (Ministry of Ports, Shipping & Waterways / Sagarmala); current baseline from Investment Opportunities in Shipbuilding Sector in India, MoPSW. Figures assume an exchange rate of ₹90/$1. This production-ranking baseline is a different measure from the order-book share cited in Current Capability → India in the World.
Turning Vision into a Funded Programme
The 4-Pillar Shipbuilding Scheme
A ₹69,725 crore ($7.8 Bn) package to turbocharge Indian shipbuilding — Government of India's investment-grade platform for global shipyards, OEMs and financiers. Click any pillar to open its full guidelines and scheme detail.
₹69,725 Cr
Total Scheme Outlay
~$7.8 Bn at ₹90/$1
10 Years
Scheme Validity
To 31 March 2036
40×
Output Scale-up Target
To 4.5 Mn GT by 2047
Top 5
World Ranking Ambition
By 2047 (MAKV)
Approved 24 September 2025 by the Union Cabinet. Total allocation ₹69,725 Cr across four pillars, aligned with MAKV 2047's target of scaling India's shipbuilding output 40× to 4.5 million GT.
03 · Watch the Explainers
Three Short Films on How the Schemes Work
Each runs under three minutes and covers eligibility, quantum of support and the application pathway. Play them here, or open any on YouTube.
DGMA Shipbuilding Explainer Series
Produced by the Directorate General of Maritime Administration, Ministry of Ports, Shipping & Waterways.
SBDS Greenfield Shipbuilding Clusters
How India is building world-class greenfield clusters through 50:50 State-Centre SPVs, with 100% central capital assistance for common maritime infrastructure.
Brownfield Capacity Expansion - Empowering Indian Shipyards
The scheme that lets existing Indian shipyards expand - 25% of approved project cost as capital assistance, up to ₹1,500 Cr per yard.
Ship Recycling Credit Note Explained
India's world-first instrument: recycle a vessel at an HKC-compliant Indian yard and earn a credit note worth 40% of fair scrap value, redeemable against a new build.
Guidelines & Scheme Pack
The consolidated guidelines were issued by the SBR Section, MoPSW (Ref: SY-13017/2/2024-SBR) dated 26 December 2025, following the Inter-Ministerial Governing Board approval under the National Shipbuilding Mission (NSbM).
Annexure I
SBFAS Implementation Guidelines
Annexure II
Shipbuilding Risk Coverage under SbDS
Annexure III
Greenfield Shipbuilding Cluster Development
Annexure IV
Brownfield Capacity Expansion under SbDS
Validity: All schemes valid for 10 years (till 31 March 2036). DG Shipping & SMFCL are the circulating & implementing authorities. Contact invest.shipbuilding@gov.in for investor introductions.
Invest & Connect
Shipbuilding Cell · Directorate General of Maritime Administration
Structured introductions to cluster SPVs, anchor shipyards and scheme administrators can be facilitated for investors, OEMs, financiers and technology partners. Use the channels below to begin diligence.
Primary Investment Channel
invest.shipbuilding@gov.in
Greenfield · Brownfield · SBFAS · MDF
Scope
Structured Introductions
Response to SPVs & shipyards
Directorate General of Maritime Administration - Head Office
| Address | Beta Building, 9th Floor, I-Think Techno Campus, Kanjurmarg (East), Mumbai - 400042, Maharashtra, India |
| Board Numbers | +91-22-2575 2040 / +91-22-2575 2041 / +91-22-2575 2042 / +91-22-2575 2043 |
| Fax | +91-22-2575 2029 / +91-22-2575 2035 |
| General Email | dgship-dgs@nic.in |
| Shipbuilding & Investment | invest.shipbuilding@gov.in |
| Office Hours | Monday to Friday, 09:30 - 18:00 IST (excluding Government holidays) |
Please verify before dispatch: contact particulars are published for convenience and may be revised. Confirm the current address and numbers on the official DGMA website before sending physical correspondence.
Administering Ministry
| Ministry | Ministry of Ports, Shipping and Waterways (MoPSW), Transport Bhawan, 1 Parliament Street, New Delhi - 110001 |
| Scheme Reference | SY-13017/2/2024-SBR dated 26 December 2025 (SBR Section) |
| Nodal Mission | National Shipbuilding Mission (NSbM) - sanctioning authority for capital assistance |
| Fund Release Agencies | DGMA and Sagarmala Finance Corporation Limited (SMFCL) |
Cluster SPV Contacts
Each greenfield cluster is developed by a dedicated 50:50 State-Centre Special Purpose Vehicle. SPV-level contact details are published on the individual cluster pages.
