India has remained a marginal global player in the shipbuilding sector, accounting for barely a fraction of the world’s order book. However, recent policy measures, global supply shifts and strengthening domestic industrial capabilities are setting […]
With an extensive coastline spanning 877 km across seven districts, Maharashtra holds a strategic position along key global maritime trade routes in the Arabian Sea. The state’s maritime ecosystem is supported by strong connectivity infrastructure, […]
The ports and shipping sector plays an essential role in the country’s economy. The current momentum reflects sustainable and inclusive growth. With the right balance of investment, innovation and policy support, the sector has the […]
India’s maritime sector serves as the backbone of its trade and commerce, handling around 95 per cent of trade by volume and 70 per cent by value. With a fleet of about 1,500 large vessels, […]
The Indian shipping industry accounts for about 95 per cent of India’s trade by volume with its neighbouring countries. However, the number of ships registered under the Indian flag is lower, as the country’s cargo […]
The Indian shipping industry continues to face difficult times. Shipping companies are being forced to contend with plunging profits and ever-widening losses resulting from a long spell of weak freight rates. The government, however, is […]
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