Published: 26 December 2025IBEFEconomy
MoPSW Notifies ₹44,700 Crore Shipbuilding Schemes SBFAS and SbDS
The Ministry of Ports, Shipping & Waterways notified operational guidelines for two major shipbuilding initiatives on December 27, 2025 — the Shipbuilding Financial Assistance Scheme (SBFAS) and the Shipbuilding Development Scheme (SbDS) — with a total budget outlay of ₹44,700 crore (US$4.9 billion).
Under SBFAS, normal vessels costing up to ₹100 crore qualify for a 15% grant, while larger and specialised vessels (LNG carriers, offshore units, green-fuel ships) receive 15% on the first ₹100 crore and 20-25% thereafter. The schemes apply to all contracts signed between September 24, 2025 and March 31, 2036. The initiative aims to boost India's share of global shipbuilding market from under 1% to a significant level.
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Q: How will the MoPSW's ₹44,700 crore SBFAS and SbDS schemes reshape India's share in the global shipbuilding industry?
Answer (50 words):
MoPSW notified SBFAS and SbDS on 27 December 2025 with ₹44,700 crore (about $4.9 billion) outlay. Normal vessels up to ₹100 crore get a 15% grant; specialised LNG, offshore and green-fuel ships get 15% on first ₹100 crore, 20-25% beyond. Eligible contracts: 24 September 2025 to 31 March 2036.
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Frequently asked questions
Which ministry notified the SBFAS and SbDS shipbuilding guidelines and when?
The Ministry of Ports, Shipping & Waterways notified operational guidelines for the Shipbuilding Financial Assistance Scheme (SBFAS) and the Shipbuilding Development Scheme (SbDS) on December 27, 2025.
What is the total budget outlay for the two shipbuilding initiatives?
The two shipbuilding initiatives have a total budget outlay of ₹44,700 crore (US$4.9 billion).
What grant support does SBFAS provide for normal and specialised vessels?
Under SBFAS, normal vessels costing up to ₹100 crore qualify for a 15% grant. Larger and specialised vessels such as LNG carriers, offshore units, and green-fuel ships receive 15% on the first ₹100 crore and 20-25% thereafter.
Which contracts are covered by the shipbuilding schemes and what is their aim?
The schemes apply to all contracts signed between September 24, 2025 and March 31, 2036. The initiative aims to boost India's share of the global shipbuilding market from under 1% to a significant level.
