Shipping Policy Revamp: Centre Charts Roadmap To Boost Domestically-Flagged Ships Amid Rs 1.3 Lakh Crore Fleet Demand
In a strategic push to strengthen India’s maritime security, reduce foreign exchange outgo, and boost local shipbuilding and shipping employment, the Central Government is working on a comprehensive policy revamp aimed at promoting domestically-flagged ships. Senior shipping ministry officials confirmed that demand for over 200 new vessels worth ₹1.3 lakh crore is projected over the…
