India, Sept. 22 -- Swan Defence and Heavy Industries (SDHI) announced a strategic Memorandum of Understanding (MoU) with Sagarmala Finance Corporation (SMFCL), India's maritime-focused NBFC. Under the partnership, SDHI & SMFCL will jointly explore projects including newbuilds, ship repairs and infrastructure for support under Maritime focused Equity Fund (MfEF).The MoU covers four strategic areas ancillary maritime across technical & commercial evaluation, financing, project execution, and ecosystem development to advance shipbuilding in line with Maritime India Vision 2030, PM Gati Shakti, and India's goal of becoming a global shipbuilding leader.SDHI and SMFCL will conduct feasibility studies covering project design, yard capacity, vessel...