Tag: shipping industry

India said to offer incentives to boost shipbuilding industry

India said to offer incentives to boost shipbuilding industry

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India could save at least $25 billion annually in foreign exchange if government incentives helped private companies to develop the local shipping industry, says FIEO director general Ajai Sahai. | Photo Credit: Special Arrangement India plans to offer cash subsidies, lower taxes and other incentives to bolster its shipbuilding industry, two government sources said, as […]

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Modi in Mangaluru | Government keen on developing maritime strength, says PM

Modi in Mangaluru | Government keen on developing maritime strength, says PM

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Prime Minister Narendra Modi inaugurated three completed projects and launched five new projects in Mangaluru Prime Minister Narendra Modi inaugurated three completed projects and launched five new projects in Mangaluru Prime Minister Narendra Modi on September 2 said the government was keen on strengthening its maritime muscle for the overall development of the country. Mr. […]

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