IFSCA Proposes Foreign Flag Ships To Operate From GIFT City

Capt. John

India’s shipping sector faces scrutiny as the International Financial Services Centre Authority (IFSCA) seeks approval to permit foreign-flagged ships to operate from the Gujarat International Finance Tec-City (GIFT City). The move aims to alleviate challenges in the country’s shipping industry, potentially introducing a solution to long-standing issues.

Addressing Woes

The proposal by IFSCA underscores the urgency of addressing woes in India’s maritime sector. By allowing foreign-flagged ships...

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