Maharashtra govt approves shipbuilding policy to develop maritime infra

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Maharashtra govt approves shipbuilding policy to develop maritime infra - Business Standard

Quick Summary:

The Maharashtra government has approved a shipbuilding policy to develop the state's maritime infrastructure and promote ship repair and recycling activities, an official said on Saturday.

The Maharashtra Shipbuilding, Ship Repair, and Ship Recycling Facility Development Policy 2025 was approved in the last cabinet meeting, and a Government Resolution (GR) was issued on Friday, he said.

Recognising the significant importance of the maritime sector in driving economic and industrial growth, the state has identified the need to develop foundational infrastructure in this domain.