Tamil Nadu Launches Shipbuilding Policy 2026 to Boost Investment and Green Maritime Technologies

Tamil Nadu has launched the Shipbuilding Policy 2026 to attract investments in shipbuilding, repair, and maritime technology. The policy offers incentives including up to 49% state equity participation, a 6,000 crore asset leasing model, capital subsidies, and production-linked benefits. It emphasizes green vessel construction, promoting eco-friendly technologies, green ship recycling with environmental certifications, and workforce development through specialized training. The policy aims to position Tamil Nadu as a global hub aligned with India's Maritime Amrit Kaal Vision 2047 for sustainable maritime growth.