India’s Maritime Momentum: Stock Market Outlook for Shipping Companies in 2025 Part 1

Government Initiatives and Policy Support The government has set up a ₹25,000 crore Maritime Development Fund to support shipbuilding and repair. Source: Reuters Infrastructure status has been granted to large vessels, reducing operational costs for shipping firms. Source: UPSC Guide Customs duty exemptions on shipbuilding spares have been extended for 10 more years. Source: UPSC Guide Fleet Expansion and Modernization India plans to invest $10 billion to acquire over 100 crude oil tankers under the 'Make in India' initiative. Source: Times of India A new shipping company is being established to expand the fleet by 1,000 ships over the next decade. Source: Indian Infrastructure