With an outlay of Rs 1,773 for the year 2017ĆĀ»18, the government has set the ball rolling for the port sector. To promote port-led development in India, Rs 600 crore has already been allocated for the Sagarmala Programme.
Tag: EXIM cargo
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Old wine in a new bottle?
While relaxation of the Indian cabotage policy is being observed as a gateway of opportunities, investment in infrastructure and higher logistics costs are believed to be some of the major deterrents.
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Bridging the gap
E-commerce has revolutionised the retail logistics in our country. It has opened up big opportunities in supply chain management. Definitely, this is a positive development for the logistics sector.
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Revival of Indian Shipbuilding
What has prevailed in the last 1000 years is not going to change in the foreseeable future. Merchant ships will continue to be the major means of trade across the oceans of the world. Warships will continue to provide international maritime security, keeping our sea lanes of communication safe and navigable for calm and peaceful trade.