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    <title>India&#039;s Shipbuilding Sector: Eyeing a Spot in the Global Top 10.</title>
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    <description>Budget 2025 establishes a coordinated industrial policy to propel India toward the global Top 10 shipbuilding nations by providing a Maritime Development Fund for yard modernization and green shipbuilding, a Production Linked Incentive for commercial shipbuilding, a Shipbuilding Finance Corporation for credit and export guarantees, upgraded repair clusters under Sagarmala, and substantial R&amp;D grants for green and autonomous vessel technologies, while identifying modernization, single window clearances, skilling, component localisation and R&amp;D as key implementation priorities.</description>
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