At a pre-Budget meeting, exporters urged the Indian government to develop a global Indian shipping line to lower costs and boost export competitiveness.

Exporters at a pre-Budget meeting urged the Indian government to develop a global Indian shipping line to lower shipping costs and boost export competitiveness. Additionally, they requested lower duties on precious metals imports and an extension of the Interest Equalisation Scheme. The Federation of Indian Export Organizations president estimated that a 25% share by Indian shipping lines could save $50bn annually.

June 25, 2024
3 Articles