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HomeNewsOpinionWhy India is missing the boat in shipping

Why India is missing the boat in shipping

R Srinivasan   •

The government wants to improve India’s position in the global shipping and shipbuilding market. Achieving it requires the right tax incentives, subsidies and easy access to cheap finance

Not only does shipbuilding require massive funds, but it also requires a lot of working capital – typically 35-40 per cent of the cost of the ship, over the course of construction

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