BUILDING A STRONGER INDIAN SHIPPING FUTURE

Dear Valued Customer,

India has proposed an ambitious roadmap to add 100 vessels to its merchant fleet over the next five years, marking a significant step towards strengthening the country’s maritime capabilities.

The initiative reflects India’s broader focus on developing a stronger, more competitive and resilient maritime ecosystem to support the country’s growing international trade requirements.

Key Focus Areas:

• 🚢 100-Vessel Fleet Expansion – Strengthening India’s merchant shipping capacity over the next five years.

• 🇮🇳 Reduced Dependence on Foreign Shipping – Encouraging greater participation of Indian-flagged vessels in global trade.

• 💰 Competitive Financing & Fiscal Reforms – Supporting the growth and competitiveness of India’s shipping sector.

• 📦 Assured Cargo Support – Strengthening cargo opportunities for Indian shipping companies.

• ⚓ National Shipping Board – Strengthening institutional support and governance for the development of India’s maritime sector.

• 📈 Regulatory & Ease-of-Doing-Business Reforms – Creating a more efficient and competitive environment for the shipping industry.

🇮🇳 India’s maritime vision is steadily moving towards greater capacity, resilience and self-reliance — strengthening the country’s position in the global shipping ecosystem.

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