Govt may raise incentives, provide VFG to make India global ship-building hub

a ₹5,000-crore package is being worked out through a new viability gap funding (VGF) scheme to incentivise construction of inland vessels, with plans to later extend the support for entities manufacturing sea-bound vessels including cruise ships.

from mint - politics a ₹5,000-crore package is being worked out through a new viability gap funding (VGF) scheme to incentivise construction of inland vessels, with plans to later extend the support for entities manufacturing sea-bound vessels including cruise ships.