India must own its trade, add 100 ships to merchant fleet: Shipping Minister Sarbananda Sonowal
India pays ₹75 billion per year to foreign shipping lines, says NSB, proposing a five-year roadmap to reduce dependence on foreign ships for critical cargo; however, it is 16% to 20% costlier to operate ships under an Indian flag
· 8/25/2026, 3:39:50 PM· 2 min read
India pays ₹75 billion per year to foreign shipping lines, says NSB, proposing a five-year roadmap to reduce dependence on foreign ships for critical cargo; however, it is 16% to 20% costlier to operate ships under an Indian flag
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