From mazagon dock, cochin shipyard and grse which one gets more benefits from budget in Indian market

Garden Reach Shipbuilders & Engineers (GRSE) is likely to benefit more from the Union Budget 2024-25 in the Indian market. Here's why:
1. Financial Support: GRSE receives up to 20% financing support for its shipbuilding projects under the shipbuilding scheme. The budget may extend this support beyond 2026, providing GRSE with more flexible financial options and reduced burden.
2. Maritime Development Fund: The budget is expected to announce a Maritime Development Fund, which GRSE can access to secure funding at discounted rates. This additional source of funding could further enhance GRSE's financial position and its ability to take on new projects.
3. Harit Nauka Scheme: The Harit Nauka initiative aims to promote the adoption of greener technologies in inland waterway vessels. As a leading shipbuilder, GRSE can leverage this scheme to develop and supply eco-friendly vessels, positioning it as a pioneer in sustainable shipbuilding.
4. Competitive Edge: The budget's focus on promoting "Make in India" and supporting the shipbuilding industry gives GRSE a competitive edge in the domestic market. This could lead to more orders and increased revenue.
While Mazagon Dock and Cochin Shipyard also stand to gain from the budget, GRSE's strategic location and its focus on shipbuilding make it a more direct beneficiary of the government's initiatives. The company's ability to leverage these benefits is likely to contribute to its growth and profitability in the Indian market