India, July 25 -- The Government of India has approved a 69,725 crore shipbuilding package to strengthen domestic shipyards, maritime financing, and workforce development. The initiative includes financial assistance, a Maritime Development Fund, and new shipbuilding clusters to enhance India's global competitiveness under Maritime India Vision 2030 and Maritime Amrit Kaal Vision 2047. Key Highlights 69,725 crore package approved to strengthen India's shipbuilding industry. 25,000 crore Maritime Development Fund to support long-term financing. Three greenfield shipbuilding clusters approved in Andhra Pradesh, Gujarat, and Tamil Nadu. Fleet acquisition plan for 400+ vessels to provide long-term order visibility. The Government of India ha...