India’s Shipbuilding Revolution: Inside the Maritime Development Fund (MDF)
The Government of India launched the Maritime Development Fund (MDF), a strategic initiative to support the country's maritime sector, with a special emphasis on the shipbuilding and repair sectors. The MDF, unveiled during the Union Budget 2025–26, plans to raise 25,000 crore, or roughly $3 billion, to offer long-term, affordable financial support for domestic shipbuilding and other infrastructure projects.
