SDHI, SMFCL partner to explore shipbuilding financing support under the maritime focused Equity Fund

Swan Defence and Heavy Industries Limited (SDHI), India’s largest shipbuilding and heavy fabrication company, announced a strategic Memorandum of Understanding (MoU) with Sagarmala Finance Corporation Limited (SMFCL), India’s maritime-focused NBFC. Under the partnership, SDHI & SMFCL will jointly explore projects including newbuilds, ship repairs and ancillary maritime infrastructure for support under Maritime focused Equity Fund (MfEF).