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Botched rules dash India's dream of becoming shipping hub

Ministry's March 7 notification imposes conditions that will end up hindering growth of Indian ports, observers say
Monday, March 28, 2016 - 05:50

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India has 12 major and 187 non-major ports, with cargo traffic recorded at 1,052 million tonnes in 2015, according to the shipping ministry.

Washington

GIFTED with a 4,700-mile (7,564km) coastline, India for years has wanted a world class shipping hub that could compete with regional star Singapore. When the time came this month to help make that dream a reality, policymakers may have botched it up, analysts say.

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