Today, the Indian government has adopted a strategy to revitalize the national shipbuilding sector that includes a support package worth €697.2 billion rupees ($7.2 billion). An allocation of 247.4 billion under the Shipbuilding Financial Assistance programme Scheme is intended for a financial assistance scheme for the sector with the aim of mitigating the disadvantages in terms of costs of Indian shipyards compared to competitors of other nations. An additional 250.0 million rupees in the Maritime sector Development Fund will be used to provide financial support in the long term to the shipbuilding and maritime sector, while 199.9 billion rupees under the Shipbuilding Development Scheme will be used to help expand capacity 4.5 million tons of gross tonnage per year through the creation of new districts construction sites and the expansion of shipyard capacity naval vehicles.