Centre eyes 10x expansion in domestically flagged ships
PORTS & SHIPPING

Centre eyes 10x expansion in domestically flagged ships

India is eyeing a significant fleet expansion by 10 times of large domestically flagged ships amid disruptions to global supply chains, sharpened focus on international trade and to make the country a formidable force in global maritime trade.The development assumes significance espe...

India is eyeing a significant fleet expansion by 10 times of large domestically flagged ships amid disruptions to global supply chains, sharpened focus on international trade and to make the country a formidable force in global maritime trade.The development assumes significance especially since countries withhold flagged ships when there are disputes between nations. Plans to achieve this goal are being drawn up and will be finalised soon after the next government takes charge after the general election, expected to be held in April-May. According to the shipping ministry, the country has around 1,500 vessels registered in the country with a gross tonnage (GT) of 13.69 million GT. 

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