Brief Overview
- Sagarmala Finance Corporation Limited (SFCL), formerly known as Sagarmala Development Company Limited (SDCL), is India's first maritime sector-specific Non-Banking Financial Company (NBFC).
- It was formally registered as an NBFC with the Reserve Bank of India (RBI) on June 19, 2025.
- SFCL is a Mini Ratna Category-I Central Public Sector Enterprise under the Ministry of Ports, Shipping and Waterways (MoPSW), Government of India.
- The entity aims to bridge the financial gaps in the maritime sector, facilitate investments, and provide sector-focused financial products to port authorities, shipping companies, MSMEs, startups, and maritime educational institutions.
Key Objectives of SFCL
- To provide short, medium, and long-term financing solutions tailored to the maritime sector.
- Support infrastructure development in ports, shipping, shipbuilding, cruise tourism, renewable energy, and maritime education.
- Act as a financial catalyst for Public-Private Partnership (PPP) projects within the maritime and allied sectors.
- Foster innovation, skill development, and research & development in the maritime domain.
- Facilitate increased participation of private sector investments in maritime infrastructure and allied services.
- Contribute significantly to India’s vision of becoming a global maritime leader (Amrit Kaal Vision 2047).
Contact Details
Sagarmala Finance Corporation Limited (SFCL)
1st Floor, Western Wing, 124, Thapar House,
Janpath Lane, New Delhi - 110001, India