New Delhi: Sagarmala Finance Corporation Limited (SMFCL), a Mini-Ratna CPSE under the Ministry of Ports, Shipping and Waterways (MoPSW), has approved a ₹25,000 crore capital mobilisation plan, with ₹8,000 crore earmarked for the current financial year. The funds will be mobilised through leading banks, financial institutions, and bond issuances as part of a strategic resource mobilisation framework to strengthen India’s maritime financing ecosystem.
Comprehensive Maritime Financing Framework
Under its forward-looking financing framework, SMFCL aims to support projects across the entire maritime value chain, including:
- Ports and port connectivity projects
- Port-led industrialisation initiatives
- Coastal shipping and inland waterways development
- Vessel financing
- Coastal community and infrastructure development
The Corporation will also play a crucial role in boosting India’s shipbuilding ecosystem, enabling the country to strengthen its position in the global shipbuilding arena.
Strategic Resource Mobilisation and Financial Outlook
The SMFCL Board approved an overall borrowing limit of ₹25,000 crore, with ₹8,000 crore allocated for FY26. To raise these funds, the Corporation will work with leading banks and financial institutions, and issue bonds as part of its structured financing plan.
SMFCL is currently in discussions with major financial rating agencies, with the expectation of securing apex-scale ratings, which will enhance investor confidence and optimise borrowing costs. The Corporation plans to provide customised loan products for Government and private sector projects, covering:
- Short-term, medium-term, and long-term financing
- Support for cash-flow mismatches
- Non-fund-based instruments
Supporting India’s Maritime Growth
With a robust project pipeline and a positive outlook for the maritime sector, SMFCL aims to accelerate the development of India’s ports, inland waterways, coastal shipping, and shipbuilding infrastructure. Its lending and financing solutions are expected to drive port-led industrialisation, maritime connectivity, and coastal community development, contributing significantly to India’s economic growth.
About SMFCL
Sagarmala Finance Corporation Limited (SMFCL) is a Mini-Ratna Central Public Sector Enterprise under the MoPSW, established to provide financial support and specialised lending solutions for projects across India’s maritime sector. The Corporation plays a pivotal role in enhancing port infrastructure, inland waterways, coastal shipping, and shipbuilding, thereby supporting India’s strategic vision of becoming a global maritime and shipbuilding hub.
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