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India must own its trade, add 100 ships to merchant fleet: Shipping Minister Sarbananda Sonowal

India pays ₹75 billion per year to foreign shipping lines, says NSB, proposing a five-year roadmap to reduce dependence on foreign ships for critical cargo; however, it is 16% to 20% costlier to operate ships under an Indian flag

India must own its trade, add 100 ships to merchant fleet: Shipping Minister Sarbananda Sonowal

We haven't written up this one. The Hindu has the full story — the link below goes straight to it.

Read the original at thehindu.com →

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