- New cargo support policy for Indian ship-owners may not fetch order in-flows for local yards.
- Indian built, Indian flagged and Indian owned ships will get top priority when State-owned firms and government departments float tenders to hire ships.
- Foreign built, Indian flagged and Indian owned ships will get second preference.
- Indian built, foreign flagged and foreign owned vessels will be third in order of priority.
The Shipping Ministry’s plan to drive demand for ships built in India by...
https://mfame.guru/new-cargo-policy-to-hinder-the-demand-drive-for-ships/