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Sagarmala NBFC to tap maritime fund for up to ₹15,000 crore
Business Standard
|September 29, 2025
With Cabinet approval for the ₹25,000 crore Maritime Development Fund (MDF) in place, India’s first maritime finance lender — state-owned Sagarmala Finance Company (SMFCL) — will start lending with a sizable portion of the fund allocated for critical port infrastructure and shipbuilding projects.
“Under the new package (approved on Wednesday), SMFCL will have access to a sizeable portion of MDF’s financing window, with an initial lending capability expected in the range of ₹10,000-15,000 crore, to support port-linked logistics, coastal shipping, and shipyard-linked infrastructure,” Union shipping minister Sarbananda Sonowal told Business Standard.
Dit verhaal komt uit de September 29, 2025-editie van Business Standard.
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