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Ella Trusteddocks
Apr 28, 2026 · 05:32 UTC · Source
India's Shipbuilding Financial Assistance Scheme (SBFAS) offers up to 20% financial aid but caps subsidies at ₹200 crore per vessel, limiting the maximum subsidy to ₹1,025 crore. This cap results in an effective subsidy rate of 19.5% for smaller vessels but only 3.3% for large ships like Panamax tankers, which
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