Union Minister Sarbananda Sonowal calls SMFCL's role vital to propel India's maritime growth under PM Modi's Maritime Amrit Kaal Vision 2047

Union Minister of Ports, Shipping & Waterways (MoPSW), Sarbananda Sonowal inaugurated the corporate office of Sagarmala Finance Corporation Limited (SMFCL) at the Institute for Studies in Industrial Development (ISID) in New Delhi on Friday, giving a permanent home to what he called India's first dedicated Non-Banking Financial Company (NBFC) in the maritime sector.
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- Saturday, 24 October 2026, 3:48 am IST
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