India's Rs.69,725 Crore Package to Boost Shipbuilding and Maritime Sector

The Indian Cabinet has approved a comprehensive Rs.69,725 crore package aimed at revitalizing the shipbuilding and maritime sector through a four-pillar approach. This includes extending the Shipbuilding Financial Assistance Scheme until 2036, establishing a Maritime Development Fund, and implementing the Shipbuilding Development Scheme to enhance domestic capacity to 4.5 million Gross Tonnage. The initiative is expected to create 30 lakh jobs and attract Rs.4.5 lakh crore in investments, reinforcing India's strategic self-reliance and enhancing national security.

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APEDA Launches First Sea Shipment of Botanical-Infused Millet Foods to New Zealand

The Agricultural and Processed Food Products Export Development Authority (APEDA) facilitated the maiden sea shipment of botanical-infused, ready-to-cook millet functional foods from Karnataka to New Zealand. This milestone underscores the expanding opportunities for India's millet-based agricultural exports, bolstered by participation in APEDA-supported international trade fairs. Source: Original Link