GOVERNMENT'S PUSH FOR MARITIME DEVELOPMENT CAN SEE SUIPBUILDERS BECOMING THE NEXT MULTIBAGGERS

The Indian government has set on an ambitious journey to grab a big share of the global shipbuilding market. Recently it has cleared a Rs 70,000 crore package to revitalise the maritime sector and grant infrastructure status to large ships, paving the way for easier financing and long-term growth. This package is projected to unlock new shipbuilding capacity, generate nearly 30 lakh jobs, and attract investments worth approximately Rs 4.5 lakh crore into the maritime sector. Stocks that stand to benefit from this package are -

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