Government has taken steps to promote ship repair industry in India which include:
Service tax exemption granted by the Central Government for repair of foreign going vessels by Indian shipyards to reduce operational costs of ship repair units
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Centre initiatives for ship repair industry
Solutions to maritime financing blues
Maritime suffers from not only policy implementation problems, but from finance availability. Sanjeev Gupta recommends that the ports, shipping, shipbuilding and inland waterways should be...

