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flag Tamil Nadu launched a 2026 shipbuilding policy offering incentives to boost domestic shipbuilding and reduce import dependence.

flag Tamil Nadu launched the Shipbuilding Policy 2026 to boost large-scale shipbuilding, offering incentives like equity participation and capital subsidies to shipyards investing at least ₹1,000 crore and creating 1,000 jobs. flag A special purpose vehicle will develop infrastructure and support financing, with a ₹1,000 crore annual incentive cap. flag The policy also supports component manufacturers and aligns with India’s broader maritime goals, aiming to expand domestic shipbuilding capacity amid heavy reliance on imports.

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