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SMFCL Aims to Raise INR25,000 Crore for Maritime Growth

11/22/2025

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Story summary
  • Sagarmala Finance Corporation Limited (SMFCL) aims to raise INR25,000 crore for port and coastal logistics.
  • It plans to secure INR8,000 crore in the current financial year to fund shipbuilding and maritime MSMEs.
  • SMFCL has operated since June 2025 to address financing gaps in the maritime economy and support Maritime Amrit Kaal Vision 2047.
  • Its success depends on securing competitive funding and managing sector-specific risks, with assessment to follow in coming years.