SMFCL Approves ₹25,000 Crore Borrowing Plan for Maritime Growth

Official Press

22 Nov 2025

The Sagarmala Finance Corporation Limited (SMFCL) has approved a ₹25,000 crore borrowing plan to enhance India's maritime infrastructure. This includes ₹8,000 crore for the current financial year, with funds to be mobilized through banks and bond issuances. SMFCL aims to support the maritime value chain, including ports and shipbuilding, and will offer customized loan products to government and private entities.

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Ministry of Jal Shakti Hosts Workshop to Enhance Flood Forecasting

Tamil Nadu's Rail Budget Soars Amid Land Acquisition Challenges

Union Minister Chirag Paswan Highlights Sustainability at PLASTINDIA 2026

India and Greece Strengthen Defence Ties with New Agreements