Welcome to SFAMS

Government of India has approved the Financial Assistance Policy for Indian Shipyards on 9th December 2015 for grant of financial assistance to Indian Shipyards for shipbuilding contracts signed between April 1, 2016 to March 31, 2026.

This online portal has been set up by the Ministry of Ports, Shipping and waterways, Govt. of India, for facilitating the submission of applications by Indian shipyards for this Financial Assitsance Scheme. Shipyards may use this portal for registration, submission of applications for in-principle-approval, uploading of necessary documents etc.