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Shipping set to sail under Infrastructure status in India
Shipping set to sail under Infrastructure status in India
The Government of India is set to grant infrastructure status to the shipping industry, with an official notification expected within the next two weeks. The move will give shipping companies access to long-term, low-cost financing, enabling them to expand vessel ownership and place more orders with Indian shipyards. At present, India ranks 18th globally in ship ownership and 22n
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