India’s maritime sector stands on the brink of significant expansion, as the government encourages private shipyards to tap into lucrative shipbuilding opportunities. Union Commerce and Industry Minister Piyush Goyal, addressing the 12th Biennial International Conference on Ports, Shipping & Logistics via video conferencing, underscored the need for enhanced participation in Indian-flagged vessel operations, which remains underutilized despite the potential for cabotage to stimulate the domestic market.
About the Author
